Don't penalise pensioners and savers by devaluing RPI.

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Don't penalise pensioners and savers by devaluing RPI.

Additional Information

In the New Year the ONS is likely to propose a change to how the RPI is calculated resulting in a probable reduction in its value and a closer alignment to the CPI. This will have a major (negative) effect on many pensions and many savings accounts once again moving the goalposts for pensioners and those without debt. Savings and pensions require long term planning and therefore long term rules. Leave the RPI alone.

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