The government is set to index private sector pension increases to the Consumer Price Index in a move that could cut £100bn from scheme liabilities.
Pension increases for private sector schemes are currently indexed in line with Retail Prices Index. Pensions minister Steve Webb said this follows the decision to link public sector pension inc...
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
