Hutton's headline recommendations - that final salary schemes should be phased out in favour of a cheaper career average alternative; that member contributions should rise; and that the normal scheme retirement age should increase - come as no surprise to many within the industry or, indeed, the to the unions representing public sector staff.
The key things to consider now, however, are a) whether the government will back the changes in full and b) how the public sector workforce will react. With regards to the first point, it seems ...
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