Tuesday 23 November 2010

National Statistics Online - Inflation

http://www.statistics.gov.uk/cci/nugget.asp?id=19

The switch to CPI for pensions' inflation increases from the previous RPI (June 2010 UK budget) will effect public sector and also private sector pensions. Over time CPI will be below RPI so pensioners who paid in for their own pensions may be hit hard !

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