House of Commons rubber stamps RPI to CPI switch

clock •

The House of Commons has approved an order to move from RPI to CPI index linking for public sector, state additional and occupational pensions.

The Social Security Benefits (Up-rating) Order was passed by 247 votes to 19 on Thursday. Pensions minister Steve Webb (pictured) said that, where RPI was not "hard-wired" into scheme rules, CPI...

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

More on Legislation

Trustees advised to think beyond compliance as pension reform proceeds

Trustees advised to think beyond compliance as pension reform proceeds

Best-placed schemes will consider wider objectives, says Hughes Price Walker

Alex Levy
clock 02 September 2026 • 1 min read
SPP backs modernisation of pension treatment on divorce and separation

SPP backs modernisation of pension treatment on divorce and separation

Trade body says dashboards could form integral part of government reform

Alex Levy
clock 17 August 2026 • 2 min read
Proposed reform to divorce and separation will bring pensions into greater focus

Proposed reform to divorce and separation will bring pensions into greater focus

Lawyers say clarity needed on cohabitation and sharing of future pension benefits

Alex Levy
clock 14 August 2026 • 6 min read
Trustpilot