Budget: Public sector schemes to move to CPIH 'when and where practicable'

James Phillips
clock • 2 min read

The government will gradually adopt a version of the Consumer Prices Index (CPI) which incorporates housing costs for pension funds and index-linked gilts, it confirmed today.

Public sector pension funds, which have been pegged to CPI since 2011, will "over time" be moved to the measure, known as CPIH, "when and where practicable", HM Treasury said as it published its 20...

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

Schemes adapting portfolio construction as uncertainty becomes structural

Schemes adapting portfolio construction as uncertainty becomes structural

Investors increasingly looking at strategic allocations across a multiple scenarios

Jonathan Stapleton
clock 26 February 2026 • 2 min read
Partner Insight: Mind the underinvestment gap - Shaping the UK's future through private markets investment

Partner Insight: Mind the underinvestment gap - Shaping the UK's future through private markets investment

With significant underinvestment placing pressure on the UK’s social infrastructure, M&G Investments highlights how institutional capital can drive regeneration and unlock long term social and economic benefits.

M&G Investments
clock 24 February 2026 • 7 min read
Railpen portfolio company secures government contract for solar energy projects

Railpen portfolio company secures government contract for solar energy projects

AGR Power secures 146.41MW worth of solar projects providing up to 10,000 jobs

Jasmine Urquhart
clock 23 February 2026 • 1 min read
Trustpilot