Inflation switch has mixed effect for pension schemes

Natasha Browne examines the consequences of axing the retail prices index (RPI) inflation measure

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The retail consumer prices index (RPI) has been branded "flawed" and a call for it to be axed as an inflation measure has been made by the Institute for Fiscal Studies (IFS) director Paul Johnson.

In an independent review of consumer prices statistics for the UK Statistics Authority, Johnson observed there is an "unhelpful proliferation of price indices". This is causing confusion and encour...

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