Discretionary pension increases in the spotlight

Naomi Brown considers how trustees can respond to questions around inflation

clock • 3 min read
Naomi Brown
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Naomi Brown

Turn on the news and you are likely to find at least one report about the current high-inflationary environment and what it means for the day-to-day cost of living.

High inflation will clearly be having an effect on pensioners' spending power. Helpfully, defined benefit pensions which were built up after 1997 will include some built in inflation protection. Ho...

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