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CPI inflation rises to 3.1% but financial services fall in cost

Inflation, as measured by the Consumer Prices Index, rose from 3% in October to 3.1% in November although falling prices for products such as travel goods and financial services prevented a bigger rise.

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Rising life expectancy will challenge savers say providers

Individuals will need to plan ahead better in light of new government life expectancy figures, says AJ Bell, provider of pensions, investment and stockbroker services.

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People 85 and over to double to 3.2m by 2041

The number of people aged 85 and over is set to double over the next 25 years to 3.2m, according to ONS projections out today.

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CPI and CPIH rise to 5 year highs

The Consumer Prices Index (CPI) 12-month inflation rate crept up to 3% in September from 2.9% in August - the highest rate since March 2012.

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