BT, Ford and M&S schemes granted extension for legal challenge over government's decision to align RPI with CPIH

Holly Roach
clock • 2 min read

The trustees of the BT Pension Scheme, Ford Pension Schemes, and the Marks and Spencer Pension Scheme have been granted an extension to consider a legal challenge of the government’s actions following its decision to align the Retail Prices Index (RPI) with the housing cost-based Consumer Prices Index (CPIH).

Following a joint application from the major schemes, the court has granted "an extension of time in which to consider a potential application for a judicial review of the decision to align RPI wit...

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

Join now

 

Already a Professional Pensions
member?

Login

More on Investment

The failings of current pension climate models

The failings of current pension climate models

Julius Pursaill welcomes a review of the 2021 climate change regulations

Julius Pursaill
clock 24 May 2024 • 4 min read
 Stories of the week: MNRPF hires Schroders Solutions; TPR; Bulk annuity deals

Stories of the week: MNRPF hires Schroders Solutions; TPR; Bulk annuity deals

MNRPF replaces WTW with Schroders Solutions; TPR CEO speaks at PP Live; 'Record' number of bulk annuity deals predicted

Sarka Halas
clock 24 May 2024 • 1 min read
FCA approves Legal & General's first private markets LTAF

FCA approves Legal & General's first private markets LTAF

DC-focused strategy to launch this summer

Valeria Martinez
clock 22 May 2024 • 1 min read
Trustpilot