DB green paper's case for indexation flexibility divides industry

The government's admission there is a case to suspend indexation for certain underfunded defined benefit (DB) schemes has been welcomed by some while others warn it would open the floodgates.
The suggestion there could be flexibility around the way benefits are indexed in certain circumstances was supported by PwC, LCP, Aegon and the Confederation for British Industry (CBI). However, former...
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