Stable 3% inflation eases pressure on pensioners - Aegon

People on fixed incomes hit hardest

Hannah Godfrey
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Kate Smith: “Those with built in pension increases, such as defined benefit pensions and the State pension will be protected to some extent."
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Kate Smith: “Those with built in pension increases, such as defined benefit pensions and the State pension will be protected to some extent."

Inflation in the UK remained flat at 3% in January indicating levels have now peaked and pressure on fixed income households, including pensioners, would ease, according to Aegon.

Consumer Price Inflation came in unchanged on the previous month after a fall in oil prices was offset by prices for cultural goods and services, according to the Office for National Statistics. Aegon...

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