The government's decision to calculate public sector pension liabilities using Consumer Price Inflation rather than Retail Price Inflation will hit lower earners hardest, a consultant warns.
In his budget statement, Chancellor George Osborne said he would calculate rises in public sector pensions using the CPI - a measure which has traditionally exceeded the RPI. As a result, calculated liabilities...
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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.