Why employers should feel comfortable when changing benefit rules

James Phillips
clock • 8 min read

Two Court of Appeal judgments have allowed schemes to introduce a pensionable pay cap. James Phillips explains the reasons why and what to be aware of

For defined benefit (DB) schemes still open to accrual, the ability to impose a cap on increases in pensionable pay can be a way of stemming a growth in liabilities. Yet the route to doing this ...

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James Phillips
Author spotlight

James Phillips

Professional Pensions journalist from 2016-2022

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