British Steel could avoid PPF for a decade under indexation overhaul

Stephanie Baxter
clock • 2 min read

Reducing British Steel members' pension increases will protect the Pension Protection Fund (PPF) by delaying entry by at least ten years, according to the scheme's trustee.

In response to the government's consultation on how to save the British Steel Pension Scheme (BSPS), the trustee board said it could avoid going into the lifeboat fund for a decade if the scheme is...

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