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
- Unlimited access to real-time news, analysis and opinion from the industry
- Receive our in-depth monthly magazine in either print or digital format
- Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
- Receive important and breaking news stories selected by the Editors in our daily newsletter
- Hear from industry experts and other forward-thinking leaders
- Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date