RPI

Figures show contribution rates fell between 2014 and 2015, amid concerns people could have to work until their 80s. Kristian Brunt-Seymour asks if legislative measures are the answer.

Third consecutive month of increases

The Communication Workers Union (CWU) has attacked plans from the Post Office to close its defined benefit (DB) scheme to future accrual on 31 August.

Inflation continues to hover around zero according to Office for National Statistics (ONS) figures, meaning interest rates are likely to remain at historic lows well into 2016.

The Consumer Prices Index (CPI) fell again by 0.1% last month, the ninth month running that inflation has been close to or at zero.

The latest inflation figures could cut deficits by £10bn

In welcome news for many defined benefit pension schemes, the 12-month Consumer Prices Index (CPI) slipped back to zero in August, according to the Office for National Statistics (ONS).

Bond market slowly begins to catch up with demand

The Consumer Prices Index (CPI) 12-month rate edged up to 0.1% in July, the sixth successive month it has been at or around zero.

Caffyns has removed almost £9m of defined benefit (DB) pension liabilities from its scheme after switching its pension payments to the Consumer Prices Index (CPI).