The government is considering changing the indexing of the British Steel Pension Scheme (BSPS) to make Tata Steel more attractive to potential buyers, according to reports.
According to the Financial Times, Business Secretary Sajid Javid is in discussions with unions and trustees to propose indexing the scheme's accrual rate to the consumer price index (CPI) instead o...
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