The UK government and the UK Statistics Authority (UKSA) have published a keenly awaited consultation on the reform of the retail price index (RPI) methodology in connection with today’s Budget. The UK Statistics Authority (the Authority) and HM Treasury are jointly consulting on reforming the methodology of the Retail Prices Index (RPI). The RPI is the oldest measure of inflation in the UK and is used widely across the economy and in financial contracts. During 2018 the House of Lords Economic Affairs Committee gathered evidence and opinions to assist in its review of the Retail Price Index (RPI) as a key measure of inflation for the UK. This was in response to calls that RPI contains some fundamental flaws and should be replaced with the Consumer Price Index (CPI) or CPIH (CPI plus a housing component).

19 Feb 2020 Professional Pensions is the UK's leading publication for the occupational pensions industry offering unrivalled coverage of the key issues facing  11 Mar 2020 “We would support sensible reforms to RPI, as recommended by the House of Lords economic affairs committee, and it is deeply disappointing  31 Jan 2020 In September 2019 the UK Statistics Authority (UKSA) confirmed that it intends to align RPI with CPIH. However, until 2030, the consent of the  This is the measure of inflation published monthly by the Office for National Statistics. All Domestic RHI tariff rates will be adjusted in line with the RPI. If you have  UK Statistics Authority (UKSA) should propose. “correcting” the RPI. • Chancellor should accept this proposal, despite the detrimental impact on index-linked gilt 

UK Statistics Authority (UKSA) should propose. “correcting” the RPI. • Chancellor should accept this proposal, despite the detrimental impact on index-linked gilt 

14 Jan 2020 Britain's government will delay until after March's budget a consultation to decide when it should fix a flawed measure of inflation, the retail price  The Economic Affairs Committee will examine the the retail price index as a measure of inflation. Insight Investment comment on RPI reform saying that 10 million DB pension of inflation measures which would have significant ramifications for UK pensions. 13 Dec 2019 Changes to the UK retail price index would bring significant financial We estimate the proposed RPI reform could reduce the total value of the  19 Feb 2020 Professional Pensions is the UK's leading publication for the occupational pensions industry offering unrivalled coverage of the key issues facing 

Britain's statistics regulator has said the RPI should be aligned with another measure of inflation, CPIH, after 2025. This year's consultation will ask if the corrections to RPI should be made at

This is the measure of inflation published monthly by the Office for National Statistics. All Domestic RHI tariff rates will be adjusted in line with the RPI. If you have  UK Statistics Authority (UKSA) should propose. “correcting” the RPI. • Chancellor should accept this proposal, despite the detrimental impact on index-linked gilt  2 days ago The Retail Prices Index (RPI) is the oldest measure of inflation in the UK. However, the means by which the index is calculated do not meet  11 Sep 2019 Last week, in a coordinated announcement, the UK Statistics Authority and the Chancellor effectively confirmed that: The ONS's intention is that,  All the latest breaking news on retail price index. Browse The Simon Calder The rail fare system needs reforming – but don't expect quick changes. Gilt linkers hit by UK's plans to reform RPI. Volumes down fotolia. By Burhan Khadbai. 05 Sep 2019. Inflation-linked Gilts suffered a steep sell-off in the 

The UK pension industry faces years of uncertainty, and possibly legal action, owing to the proposed changes to the Retail Prices Index (RPI), one of the country’s main measures of inflation. Last year, the UK Statistics Authority (UKSA) urged the government to stop using RPI, owing to its flaws.

13 Dec 2019 Changes to the UK retail price index would bring significant financial We estimate the proposed RPI reform could reduce the total value of the  19 Feb 2020 Professional Pensions is the UK's leading publication for the occupational pensions industry offering unrivalled coverage of the key issues facing  11 Mar 2020 “We would support sensible reforms to RPI, as recommended by the House of Lords economic affairs committee, and it is deeply disappointing 

Gilt linkers hit by UK's plans to reform RPI. Volumes down fotolia. By Burhan Khadbai. 05 Sep 2019. Inflation-linked Gilts suffered a steep sell-off in the 

22 Jan 2019 Ruffer said the market would see through attempts to reform RPI into a version of the CPI. 'The UK gilt market is already amongst the most  4 Sep 2019 Javid made the announcement in a letter to UK Statistics Authority chief David Norgrove, who had urged the government to stop using or reform  16 Jan 2019 LONDON (MNI) - The UK should issue inflation-linked treasury the UK Statistics Authority in publishing RPI without reforming its known flaws,  11 Mar 2019 Dr Mark Carney, Governor of the Bank of England, has recently called for used by the UK Statistics Authority (UKSA) the RPI is greater than the In addition to reforms of the Renewables Obligation, government should also 

18 Jan 2020 Chancellor Sajid Javid announced a consultation on the future of RPI this week. +6 gilts - but RPI could be reformed to become more aligned with CPIH. whereas the Bank of England issued first index-linked gilts in 1981.'. The subject of the evening will be “An Update on RPI Reform”. highlight the action stakeholders can take in the upcoming consultation by the UK government . 25 Oct 2019 RPI reform – round 2. Stephen Ruggiero, Derivatives Quant Manager at Royal London Asset Management looks at what the latest uncertainty  23 Jan 2020 The Chair of the UK Statistics Authority (UKSA) wrote to the Chancellor in March 2019 RPI REFORM – INVESTMENT CONSIDERATIONS.