Pensions switch to CPI
December 13, 2012
A government-initiated change in the inflation link for pensions will wreak havoc on Britons’ pension funds, and savers need to urgently consider their options to mitigate the adverse effects.
It is now just a matter of weeks before there could be a switch in the index to which pensions are pegged, from the Retail Prices Index (RPI) to the Consumer Prices Index (CPI). A government-initiated change in the inflation link for pensions will wreak havoc on
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