Financial services giant Prudential has betrayed pensioners by reneging on an agreement to raise benefits in line with price inflation, the scheme's retired manager claims.
Bernard Dawkins says the agreement – which guaranteed benefits would “increase in retirement in line with price inflation, except in times of high inflation”, using the Retail Price Index as the benchmark...
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This week's top stories included Cardano announcing plans to acquire Now Pensions from a Dutch pension fund later this year.
Royal Bank of Scotland (RBS) faces a £102m impact on liabilities as a result of equalising guaranteed minimum pensions (GMPs), according to its annual results.