UK - The Financial Services Authority has adjusted the rates of return used for calculating pension transfer losses, redresses and opt-outs for the Pensions Review.
The changes mean that benefits linked to the retail price index will be revised downwards, while those linked to the limited price index will stay the same. Details are available at www.fsa.gov.uk.
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
- 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