RPI

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.

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MPs have rejected calls to reintroduce the retail prices index (RPI) for pensions uprating in a Parliamentary debate.

Pensioner groups fighting the government's RPI to CPI switch for benefit increases took their legal challenge to the Court of Appeal today.

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?

UK CPI inflation fell from 4.8% in November 2011 to 4.2% last month, the equal largest drop since December 2008, according to the Office for National Statistics.

Four unions and a pensioner organisation have lodged an appeal against the High Court's ruling in favour of the government change the uprating of public sector pensions.

UK CPI inflation fell from 5% to 4.8% in November, the Office for National Statistics has said, in line with economists' forecasts.

The government's decision to switch from RPI to CPI to calculate annual public sector pension upgrades has been ruled lawful in the High Court.