Scrapping LPI protection may widen gap between public and private sector schemes

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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 ...

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