Hannah Brenton examines the latest developments of the Pensions Infrastructure Platform.
The UK's main inflation rate has fallen to 2.2% in September from 2.5% in August, dropping to its lowest level for three years.
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.
A change to the way Retail Prices Index is calculated could wipe billions off scheme liabilities but translate directly into decreased member benefits, experts warn.
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.
Economists say the sharp drop in inflation announced today could justify a further round of quantitative easing by the Bank of England.