RPI Challenge Begins In High Court

The BT, Marks and Spencer and Ford UK pension schemes began their legal challenge yesterday to the government’s decision to replace the Retail Price Index (RPI) method of calculating inflation with the housing cost-based version of the Consumer Price Index known as...

Where’s Harry?

In a previous Newsletter, we reported that we’d written to Mr Harry Baines, Chairman of Lloyds Banking Group Pension Trustees Limited asking it to join the legal action on behalf of the tens of thousands of pension scheme members whose benefits are going to be reduced...

Legal Action Over Inflation Change

In previous Newsletters we reported that tens of thousands of Lloyds staff would see their pension benefits reduce because of the changes to way pension increases would be calculated in future. Trustees of the BT, Ford and Marks and Spencer pension schemes have a...

Pin It on Pinterest