Government must commit to one indexation measure, says Lords committee

James Phillips
clock • 2 min read

The UK Statistics Authority's (UKSA) "refusal" to fix a long-standing error in the retail prices index (RPI) is "untenable" and demonstrates a need to commit to one measure of inflation.

An error made in 2010 in how the UKSA collects price data for clothing has led to RPI being 0.3 percentage points higher than it should be, the House of Lords' Economic Affairs Committee has conclu...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here

Join now

 

Already a Professional Pensions
member?

Login

James Phillips
Author spotlight

James Phillips

Professional Pensions journalist from 2016-2022

More on Investment

Partner Insight: When markets narrow, opportunities broaden

Partner Insight: When markets narrow, opportunities broaden

Navigating equity concentration through systematic breadth

Robeco Institutional Asset Management
clock 30 March 2026 • 6 min read
Mobius adds venture capital British Co-Investment Fund to platform

Mobius adds venture capital British Co-Investment Fund to platform

Provides UK schemes with access to VC through Future Planet Capital managed fund

Jonathan Stapleton
clock 27 March 2026 • 2 min read
Church of England Pensions Board to vote against 'climate backtracking banks'

Church of England Pensions Board to vote against 'climate backtracking banks'

Board says move reflects 'longstanding commitment' to act on systemic risks

Michael Holder
clock 26 March 2026 • 5 min read
Trustpilot