So in the end the Office for National Statistics bucked expectation and decided to keep things the same. Well, apart from adding one more measure of inflation to their three already often-criticised measures.
Some industry members understandably welcomed the announcement. With the retail prices index being written into long-term financial contracts, and with some pensioner benefits being uprated by RPI,...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership for 12 months, providing you access to:
- 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
