Image:
Royal Statistical Society former vice president Jill Leyland
Schemes should stop debating whether to use the Retail Prices Index (RPI) or the Consumer Prices Index (CPI) and move to an entirely new measure, the Royal Statistical Society (RSS) has said.
Both indices, as well as the fairly new CPI with housing (CPIH) index, fail in the society's tests on technical adequacy and public confidence, and therefore are not useful measures of inflation. It...
To continue reading this article...
Join Professional Pensions
- Unlimited access to real-time news, analysis and opinion from the industry
- Receive our in-depth monthly magazine in either print or digital format
- Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
- Receive important and breaking news stories selected by the Editors in our daily newsletter
- Hear from industry experts and other forward-thinking leaders
- Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date
