Unions have lost their appeal against the judicial review that backed the government's decision to use the Consumer Prices Index for uprating public sector pensions.
The three appeal court judges unanimously rejected the arguments that CPI was not a legitimate index to use and that the government had acted illegally when using the state of the national economy ...
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