Removing compulsory inflation proofing from defined benefit schemes would "widen the gulf" between public and private sector provision, says consultant John Ralfe.
Ralfe (pictured) said the idea, proposed last week by the Association of Consulting Actuaries (ACA), would not be difficult to implement, but would prove unpalatable to politicians. He said the ...
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, 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
