Opposition MPs demand delay on CPI pension switch

clock

A group of 13 opposition MPs have called on the government to delay switching to the CPI index for public sector pensions until further research has been conducted into pensioner spending.

The government plans to link public sector pensions, benefits and tax credits to CPI, which does not include costs such as housing, claiming it is a better measure of real spending than the RPI. However, oponents have said this is unfair as pensioners spend more on certain costs such as housing and heating, and so would be disadvantaged by the switch. John Robertson (pictured), Labour MP for Glasgow North West, tabled an Early Day Motion (EDM) last week calling on the government to postpone the switch, due to take place in April 2011. The EDM demands a full evaluation of the ‘appro...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on uncategorised

Titan Wealth inks Harlequins partnership

Titan Wealth inks Harlequins partnership

Becomes wealth management and women’s partner

Jen Frost
clock 03 October 2025 • 2 min read
Scotland Investment Roadshow 2025: Join PA in Edinburgh and Glasgow next week

Scotland Investment Roadshow 2025: Join PA in Edinburgh and Glasgow next week

The Scotland Investment Roadshow kicks off next week

Professional Adviser
clock 19 September 2025 • 1 min read
Scotland Investment Roadshow 2025: Join PA in Edinburgh and Glasgow next week

Scotland Investment Roadshow 2025: Join PA in Edinburgh and Glasgow next week

The Scotland Investment Roadshow kicks off next week

Professional Adviser
clock 16 September 2025 • 1 min read