Editor's Comment: Rolling with the waves

Over the past three months we've seen wave after wave of consultations on anything from auto-enrolment right through to changes in the Age 75 rule. However, the recent announcement that pension increases will be linked to CPI, rather than RPI, from 2011 looks set to keep us scratching our heads for the foreseeable future. For many sponsoring employers the change could prove welcome news by potentially wiping anything up to £100 billion from scheme liabilities. However, such a move is also likely to provoke fierce opposition from scheme members. And scheme members and retirees are righ...