Retail Prices Index

Supply will need to be rebuilt following the forced shutdown, potentially pushing up inflation and reasserting the need for adequate hedges, writes James Phillips

The average recovery plan length for schemes in deficit has fallen by 2.2 years compared to three years ago, according to an Aon study.

Potential changes to the way the Retail Prices Index (RPI) is calculated and reported could cause assets to fall by between £60bn and £130bn, according to various estimates.

Pension schemes significantly heightened their interest rate and inflation risk hedging in the second quarter of the year, according to BMO Global Asset Management.

The Univar Company Pension Scheme has been granted court permission to change its indexation protection from the Retail Prices Index (RPI) to the Consumer Prices Index (CPI).

The PPF’s Lisa McCrory tells Professional Pensions about her promotion to chief financial officer alongside her role as chief actuary, and her focuses during the coronavirus pandemic.

Almost three-quarters of FTSE 100 defined benefit (DB) pension schemes were in surplus on an accounting basis as the coronavirus crisis hit, according to Lane Clark & Peacock (LCP).

The Society of Pension Professionals (SPP) has named James Riley as president for a two-year term beginning 1 June.

The Treasury has announced a four-month extension to its consultation on reforming the Retail Prices Index (RPI) in response to the Covid-19 crisis.