Inflation was unchanged at 3.1% in August, according to the Office for National Statistics (ONS).
Leading UK statisticians are questioning government plans to link the state pension and other key benefits to the consumer prices index (CPI).
The recent consultation on ending compulsory annuitisation promises to usher in increased flexibility. However, Mike Morrison warns of potential issues.
The advent of the Coalition government has certainly ushered in frantic times for the pensions industry.
What impact do you feel the change from RPI to CPI to calculate pension payments will have?
The recent announcement that pension increases will be linked to CPI rather than RPI could leave future pensioners out of pocket. Helen Morrissey looks at whether this will be the case and asks how the change needs to be managed
Linking pension payouts to the CPI instead of the RPI will force pensioners to raid their savings and investments, Schroders Investment Management claims.
UK inflation dropped marginally to 3.1% in July but remains well above the Government's 2% target.
Employees who leave a company prior to retirement could be worst hit by the switch from RPI to CPI, a pensions expert warns.
UK inflation dropped for a second consecutive month to 3.2% in June, driven by falling petrol and clothing prices, according to the Office for National Statistics.