Pensions minister Steve Webb has made a written statement to parliament clarifying the government's proposals to index private sector pension increases to CPI rather than RPI.
The statement said a statutory minimum requirement will continue to apply to the revaluation and indexation of pension rights. And it said the proposed changes will affect how many deferred pens...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership for 12 months, providing you access to:
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders
Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here
