After consulting on options for changing Retail Prices Index, the Office for National Statistics has chosen 'none of the above' and proposed a new index to be published in parallel.
Charles Amos separates fact from fiction in the pensions blame game
Pensioner incomes have risen by 50% over the last 16 years according to research from the Office for National Statistics.
Saga director general Ros Altmann has said the maths behind the retail prices index is not wrong and the Office for National Statistics' proposal to change it is solely about the government reducing costs.
Moves from institutional investors out of UK gilts and corporate securities and into short-term investments and overseas securities slowed in the second quarter of the year.
The number of active members in occupational schemes in the UK continues to slide according to figures from the Office for National Statistics.
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.
Trustees should be prepared for life expectancy of members to continue to increase rapidly despite data from the Office of National Statistics suggesting a possible slowdown, says Mercer.
The UK economy shrank by 0.7% in the second quarter of the year, a far worse contraction than economists had forecast, keeping the UK mired in recession.
Pensioners are as satisfied with their lives as teenagers aged between 16 and 19, Office for National Statistics reveals.