Pensioner inflation runs at double CPI measure of prices

With inflation a major issue for longer-living pensioners, many are turning to investment-backed annuities as an alternative to level products

The issue of inflation has been largely ignored. For many it had been bagged and tagged as historic with little future impact. Try telling today's generation of low, fixed income pensioners that inflation is no longer a problem and you may get a different opinion. While we quote inflation as being around 2.5% to 3.0%, the reality for those in retirement is very different. First what do we mean by inflation? Which measure are we looking at - CPI or RPI ? What about personal inflation based on what we actually spend, rather than assumptions and averages? Measuring inflation Pensioner inf...