A drafting "anomaly" in the Pensions Bill concerning the change from RPI to CPI indexation must be addressed before it gets royal assent, lawyers warn.
Lawyers told PP the inconsistency is between the indexation measure schemes use to increase pensions in payment and deferred revaluation of pensions. Freshfields Bruckhaus Deringer partner Charl...
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
