Guaranteeing indexation has increased the cost of providing defined benefit pensions by 12% over the past 20 years, according to Pension Corporation research.
Steve Webb has signalled that the government is considering scrapping compulsory indexation for defined benefit schemes in an effort to "swing the pendulum" back towards DB provision. Pension Co...
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
