The UK Consumer Prices Index (CPI) climbed in March as higher food and clothing prices pushed inflation up to 3.5%.
Unions have lost their appeal against the judicial review that backed the government's decision to use the Consumer Prices Index for uprating public sector pensions.
CPI annual inflation fell to 3.4% in February, down from 3.6% in January, according to the Office for National Statistics.
MPs have rejected calls to reintroduce the retail prices index (RPI) for pensions uprating in a Parliamentary debate.
Market participants are expecting interest rates in the UK to remain on hold until late 2014, according to Bank of England policymakers.
Pensioner groups fighting the government's RPI to CPI switch for benefit increases took their legal challenge to the Court of Appeal today.
Colin Batchelor, head of pensions technical at Legal & General Savings, explains how to protect your clients’ pension pots from the upcoming lifetime allowance reduction.
An estimated 31,000 public sector workers will file for divorce this year, but with reform to their pensions hanging in the balance, what should advisers recommend?
Fears of a period of prolonged inflation are "unfounded", Monetary Policy Committee (MPC) member Adam Posen said, after UK inflation dropped sharply.