How British Steel rule change could hurt oldest pensioners
Allowing the British Steel scheme to ditch RPI for statutory minimum levels could lead to big losses for older members and create a loophole for other DB schemes, writes Stephanie Baxter.
At a glance Moving from RPI to statutory minimum indexation could cut liabilities by £4bn Retirees with pre-1997 service could see pensions completely or largely frozen Plans to allow the British...
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