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Wednesday 17 August 2016 9:35 amAdjusting inflationary increa <a href=https://www.owalas.com.de>owala</a> ses in pension scheme payments could be the key to solving FTSE 100 deficits, says rep <a href=https://www.bru-mate.ca>brumate canada</a> ortBy: Oliver GillShareFacebookShare on FacebookXShare on TwitterLinkedInShare on LinkedInWhatsAppShare on WhatsAppEmailShare on EmailAdd as a preferredsource on GoogleTwo-thirds of FTSE100 pension deficits could be wiped out if theinflationary increases attached to schemes were changed.The estimated pension deficits of the UK s blue-chip companies stood at pound;46bn at the end of July 2016 according to a report compiled by Lane, Clark Peacock LCP .Scheme pay-outs are typically increased by inflation each year, often referencingthe retail price index RPI . But if this was changed to the lower consumer prices index CPI , LCP estimated a liability reduction of pound;30bn.Read more: An inflating lifeboat: PPF deficits at record levels The report comes in the wake of an announcement last Friday that trustees of the British Steel Pension Scheme ndash; the scheme attached to Tata Steel ndash; provided the government evidence that the scheme could stay out of the P <a href=https://www.brumates.us>brumate era</a> ensions Protection Fund PPF by moving its inflationary measure similar from RPI to CPI.Such a move could save the PPF from shouldering a reported pound;1.5bn of liabilities.On the same day, food and drink giant Nestle announced that it had agreed with unions to linkcapped final salary payment to the CPI, although this remains subject to trustee approval.Read mo Jijn CITY MOVES | WHO rsquo;S SWITCHING JOBS
Tuesday 13 Septembe <a href=https://www.stanley-cup.at>stanley isolierkanne</a> r 2011 7:46 pm|Updated:Thursday 30 May 2019 11:44 pmPhilips to find 60 per cent more savingsBy: KCS-contentShareFacebookShare on FacebookXShare on TwitterLinkedInShare on LinkedInWhatsAppShare on WhatsAppEmailShare on EmailAdd as a preferredsource on GoogleDUTCH consumer electronics group Philips announced more cost cutting yesterday, i <a href=https://www.stanley-cups.pl>stanley polska</a> n an effort to counter sagging consumer demand and weak global markets.Philips, which is the worldrsquo largest lighting maker, one of the three biggest makers of hospital equipment and Europersquo biggest consumer electronics producer, has been hit by rising raw material costs, government budget cuts in the healthcare sector and weak consumer and construction markets.It raised its cost-cutting target to euro;800m pound;694m from the euro;500m announced in July, and said it was confident of meeting its 2013 financial targets despite the global economic uncertainty.Investors reacted well to the cost-cutting plans, sending Philipsrsquo; share price up as much as seven per cent in early trade, before it settled to close up 3.9 per cent at euro;12.70. As a result of our efforts and despite economic challenges, we are confident that we can deliver on our 2013 financial targets, said Frans Van Houten, chief executive, in a statement ahead of a day of presentations to investors in London. Some analysts had feared Philips would give yet anoth <a href=https://www.stanley-cups.pl>stanley cup</a> er profit warning because of the deteriorating economic outlook in