In those halcyon days before section 67, and the regulatory impositions of the disclosure regulations, did changes to pension schemes seem to go more smoothly?� Perhaps in those days of higher inflation a change to guarantee inflation-linked increases to pensions capped at, say, 5% seemed an improvement on fixed increases of, say, 3% per annum.� [...]
Source: http://www.pensionstalk.co.uk/communications/rpi-to-cpi-a-good-time-to-look-at-old-pension-increase-changes-too/
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