David Brooks

From the blog: Battle lines are being drawn and two sides are developing on how past pension promises should be managed.


The argument is that we exist in a period of crisis within the defined benefit universe, which is a significant drag on UK plc.


Many schemes have the retail price index hardcoded into their rules, although RPI is now a junk statistic that, one gets the sense, is being produced under duress by the Office for National Statistics.


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