RPI to CPI - All change?

    View Author July 2010

    Hot on the heels of controversial announcements that public sector pension schemes will be increased in line with the Consumer Prices Index (CPI) instead of the Retail Prices Index (RPI), Steve Webb, the Minister of State for Pensions, has issued a written ministerial statement confirming the Government's intention to use the CPI in place of the RPI when setting increases for all occupational pensions.