Article preview: Government plans to reform a key measure of price inflation could prove costly. The reform to the calculation of the Retail Price Index (RPI) measure of price inflation is due to be implemented in 2025. But the Association of British Insurers (ABI) is now warning that the plans could cost savers £122 billion.
Inflation reforms could cost savers £122 billion
This 354-word blog post explains why the Association of British Insurers is warning about the cost to savers of reforming a key measure of price inflation. Written on 21st August 2020.
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