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Debate over CPI measure heats up

Pensions minister Steve Webb said CPI was the favoured measure of inflation because the RPI was dominated by mortgages

Although the TUC’s 2010 Member Trustee Network conference was intended to alert trustees to the need for stronger stewardship, the delegates’ key focus was much more immediate.

Near the top of pension schemes' agenda was the government's decision to change the index used for determining increases in pension payments, from the retail prices index to the consumer prices index.

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