The High Court has dismissed the judicial review of the decision by the UK Statistics Authority and Chancellor to align the Retail Prices Index (RPI) with the housing cost-based version of the Consumer Prices Index from 2030.
The High Court has dismissed the judicial review into a decision to replace the Retail Prices Index (RPI) brought by three of the UK’s biggest pension schemes. Professional Pensions takes a look at the three key arguments put forward and why they were rejected.
The High Court has dismissed the judicial review of the decision by the UK Statistics Authority and Chancellor to align the Retail Prices Index (RPI) with the housing cost-based version of the Consumer Prices Index from 2030.
Pension scheme inflation hedging activity increased by 24% quarter-on-quarter to £24bn during the final three months of 2021, according to BMO Global Asset Management.