Schemes would keep indexation and widow's benefits, despite Pickering

Seven out of ten occupational pension schemes would still provide indexation and survivor's benefits even if the obligation to provide them is removed, says an NAPF survey. Of the 100 NAPF members questioned about aspects of the Pickering review - which last month proposed to get rid of the requirement to provide index-linking and widow's benefits - 76% and 81% respectively said they would still continue to provide such facilities, countering fears company schemes would slash several features and harm the retirement benefit received by members. At least 72% of those questioned sai...