No Statutory Inflation Proofing for Pre-97 Pensions
Hopes have been dashed that the government might bring in a law to inflation-proof pensions earned before 1997. The Pension Schemes Act, which became law at the end of April after the former Pension Schemes Bill cleared parliament, contained no protection for our pre-97 pensions. Defined Benefit (DB) pension schemes like the Reuters Pension Fund […]
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