Labour MPs yesterday accused the coalition government of 'short changing' the armed forces by indexing their pensions to CPI rather than RPI.
Inflation edged closer towards 4% in December as the rising cost of food and oil products continued to hit the price of goods and services.
Dr. Ana Armstrong, chairman of Distinction Asset Management, on why investors should consider rotating to high-dividend paying equities
Steve Webb has said the government will not give private sector pension schemes the power to override scheme rules to shift from RPI to CPI indexation.
The Treasury is unable to effectively demonstrate the value for money of changes to public sector pensions, the National Audit Office (NAO) warns.
Pensions minister Steve Webb will today launch a consultation on whether the government should allow scheme trustees to switch the indexation of pension schemes from RPI to the traditionally lower measure of CPI.
An industry-wide consultation on the RPI to CPI switch for pension schemes will be published tomorrow, Steve Webb says.
Pensions minister Steve Webb has been forced to explain how he assessed housing costs for pensioners when deciding to switch pension indexation from the RPI to CPI.
Pension reform is continuing at a relentless pace but can the industry keep up? Helen Morrissey reports