A pensioners' association is challenging BAE Systems' decision to switch their pension indexation from RPI to CPI.
The Consumer Price Index is a bad measure for uprating pensions and needs to be replaced with a measure to include housing costs, the Royal Statistical Society says.
UK - Pension buyouts are set to break all records next year, after deals for the first three quarters of 2010 exceeded all of 2009, Pension Capital Strategies says.
Pension buyouts are set to break all records next year, after deals for the first three quarters of 2010 exceeded all of 2009, Pension Capital Strategies says.
Inflation figures published today prove the government is making poor people worse off by using CPI for measuring pension payment increases, Labour says.
Laura Blows looks at the unique challenges for the LGPS within the public sector, the implications of the Hutton report for these schemes and the practicalities of potential reforms
A large part of the industry has slammed the government's announcement preventing private sector schemes the power to override scheme rules enabling a shift from RPI to CPI indexation.
Rachel Reeves has attacked Steve Webb for "changing the rules of the games" in switching from RPI to CPI.
The government has calculated the move from RPI to CPI indexation for occupational schemes could reduce the value of pension rights by as much as £76.6bn over 15 years.
Steve Webb has said the government will not give private sector schemes the power to override scheme rules to shift from RPI to CPI indexation.