DWP must clarify details of CPI switch

Sebastian Cheek urges the government to make a firm decision on the switch to CPI

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At last week's Pensions Show, the Labour pensions spokeswoman described the government's decision to switch pension indexation from the Retail Prices Index to the Consumer Prices Index as "policy on the hoof".

Rachel Reeves said pensions minister Steve Webb had effectively rushed into the decision without consulting the ONS and without anything substantial to back up the decision. However, Webb has sa...

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