DB members 'could lose out' through inflation caps

Research finds most inflation-linked pension increases are capped at 5% for DB members

clock • 2 min read
DB members 'could lose out' through inflation caps

Pensioners in defined benefit (DB) schemes could lose as much as £1,200 a year in income due to caps on inflation-linked benefit uplifts, according to research by XPS Pensions Group.

Those in private sector DB schemes could miss out on as much as £25,000 over their lifetime through the combined effects of high inflation and limits on payment increases in retirement, the group r...

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?


More on Norway

Norway pension fund loses $52bn in Q3

NORWAY - The Government Pension Fund Global returned -8.8% or -NOK284bn ($52bn) due to stumbling global stock markets, third quarter results show.

clock 28 October 2011 •

Asia assets to hit $4trn by 2015

ASIA - Asia ex-Japan and Australian assets are set to double by 2015, reaching $4tr, according to a recent study by Cerulli Associates.

clock 25 October 2011 •

Asian investors to search for returns in alternatives

ASIA - Asian institutional investors outside of Japan are looking to boost returns by investing more heavily in liquid alternatives, high yield debt and emerging markets while Japanese investors are looking for non-domestic opportunities, a new survey...

clock 12 October 2011 •