The Government is already distancing itself from one of the most contentious proposals in the Picker...
The Government is already distancing itself from one of the most contentious proposals in the Pickering Report: the removal of indexation from occupational pensions. Work & Pensions Secretary, Andrew Smith MP, said in a statement to the Commons that the Government would look at the proposals to end compulsory indexation on guaranteed minimum pension payments. But, he added: 'On first reading, these proposals are not attractive.' Danny Cox, pensions development manager at Hargreaves Lansdown, said: 'I think it won't be taken on board judging by the reaction of the unions, groups such as ...
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