Authors
Anna Taylor

Anna Taylor

Partner

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Angela Sharma

Angela Sharma

Senior Professional Support Lawyer

Read More
Authors
Anna Taylor

Anna Taylor

Partner

Read More
Angela Sharma

Angela Sharma

Senior Professional Support Lawyer

Read More

4 April 2022

The ongoing saga of the switch from RPI to CPI

Cases relating to pension scheme revaluation and increase rules continue to arise.

This is largely due to the government's decade-old decision to switch from the Retail Prices Index (RPI) to the Consumer Prices Index (CPI) for statutory minimum increases, and the haphazard impact of that change on schemes, depending on their particular rules.

Now in the latest chapter there is a challenge to the government's proposals to change the way RPI is calculated - perhaps addressing, this time round, the need to ensure that the possibly hugely detrimental impact of this on certain defined benefit (DB) schemes is fully considered before any change is made.

Read the full insight on Professional Pensions

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