Tag Archives: CPI
Inflation ticks up yet again: what it means for pension savers and retirees
The Consumer Price Index (CPI) measure of inflation rose from 10.1% in January to 10.4% in February, according to Office for National Statistics figures published this morning. Ouch. If it wasn’t difficult enough, this morning’s surprise inflation figures make the … Continue reading
PLSA’s retirement living standards – a moving target!
This year’s update on our need for retirement income if we are to have a basic , moderate or comfortable lifestyle is really valuable. The headline finding is that the cost of living crisis adds up to a 20% greater … Continue reading
Posted in pensions
Tagged CPI, Inflation, pension, PLSA, Retirement Living Standards, state pension
1 Comment
Pension Schemes lose inflation ruling to the great relief of the Treasury.
Three pension funds took the Treasury to the High Court over changes to the retail price index and yesterday they lost. What this means to the schemes is that a lot of RPI linked gilts (linkers) will pay out less … Continue reading
What 5.5% inflation means to those without savings
UK inflation has increased to the highest rate in 30 years, squeezing living standards and putting pressure on the Bank of England to raise interest rates again. According to data published by the ONS today, consumer prices rose at an … Continue reading
CPI, RPI and CPIH – get up to speed pension people!
I first published this blog in May 2017. Since then the Treasury has been consulting on the RPI/CPI/CPIH issues identified by the Royal Statistical Society. The result of that consultation is due anytime (most likely Wednesday 25th November). The … Continue reading
Posted in advice gap, pensions, Retirement
Tagged CPI, CPIH, Mike Harrison, Pensions, Royal Statistical Society, RPI
3 Comments
You want to know the difference between RPI and CPI – from an expert?
Sometimes twitter just says wow! This is one of those times! Oh this is excellent. I mean seriously excellent. @TheActuaryMag @ProfPensions https://t.co/aJluICOIdk — Mike Harrison (@HigherEdActuary) May 12, 2017 Response to Department for Work and Pensions consultation on Security … Continue reading
“A fair and lasting settlement”; public sector pensions
Paul Johnson and the Institute of Fiscal Studies have done the numbers and, to nobody’s surprise, have concluded that the long-term cost of public sector pensions in terms of “pensions out” will be about the same under the new regime … Continue reading
Posted in de-risking, pensions, Public sector pensions
Tagged Consumer price index, CPI, Danny Alexander, Economy, Government, pension, Private sector, public sector, Tom McPhail, Trade union
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