The Office for National Statistics will consult on changes to the Retail Prices Index (RPI) formula, which could wipe millions of pounds off scheme liabilities.
Rachel Dalton asks how much we can expect people to understand inflation
The Consumer Prices Index rate of inflation climbed to 2.6% last month, from 2.4% in June.
Joe Mcdonnell examines the inflation sensitivity of asset classes.
Economists say the sharp drop in inflation announced today could justify a further round of quantitative easing by the Bank of England.
Switching the indexation of public sector pension benefits from RPI to CPI in March 2011 saved the government £126bn, a report says.
The Office for National Statistics is to consult on plans to expand the Consumer Prices Index inflation measure to include housing costs.
Schemes with liabilities linked to the retail prices index are set to get a multi-million pound boost next year after researchers said they would change the way they calculate inflation to make RPI figures lower.