The narrowing gap between CPI and RPI inflation means pensions schemes will save just 60p a week for each scheme member by switching to CPI, KPMG says.
Savers must grab the opportunity to save when the ISA limit increases by £600 in the next tax year, Danny Cox, head of advice at Hargreaves Lansdown said.
Inflation climbed marginally in August as expected, driven up by higher utility bills.
UK consumer price inflation fell from 4.5% in May to 4.2% in June despite food prices remaining high.
A group of expatriates fighting for their pensions to be indexed equally with those of UK pensioners has taken the campaign to Parliament.
The government has reiterated it will not introduce legislation to override pension scheme indexation rules.
Maria Merricks asks industry experts for their views on the infrastructure investment story and the best ways to play it.
Sterling jumped across the board after the Bank of England's latest report said inflation is likely to remain above target for longer, fuelling expectations the MPC will act sooner to tackle price rises.
Six public sector organisations have applied for a High Court judicial review of the government's decision to link increases in public sector pensions to the consumer prices index (CPI).
Rick Eling, head of investment solutions at Sanlam UK, offers tips on protecting your clients' portfolios against inflation