The state pension will be excluded from a proposed overall spending cap on benefits, Chancellor George Osborne has announced.
In today's Autumn Statement, Osborne said a cap would be introduced, to be set by the Chancellor at the start of each parliament. But he said the state pension and "the most cyclical elements of...
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
