0 An index-linked investment or government payment changes by the same amount as the general level of prices:
1 an index-linked investment or payment changes by the same amount as the general level of prices, or in relation to another fixed standard:
However, inflation tended to bring more wage earners over the income tax threshold because allowances were not index-linked.
He concluded that equities play a very slight role, while gilts and index-linked gilts have a very important role.
Although there may be products that correlate strongly with the price level, such as index-linked bonds, this is definitely not the case for wage-linked payoffs.
The liability matching portfolio probably consists of index-linked gilts and bonds, together with modest amounts of equities and property.
Index-linked gilts were excluded from this analysis, as their inclusion would have led to the matching portfolios being almost entirely composed of index-linked gilts.
If the original figure of £2,000 had been index-linked by reference to the retail price index its current level would be in the region of £21,500.
Pay is not index-linked to inflation in any part of the public sector.
There are a range of factors affecting the market for annuities of all kinds, including index-linked annuities.
