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Mayer Brown | United Kingdom | 15 Mar 2012

QinetiQ: court gives guidance on whether adopting the CPI to calculate pension increases is acceptable

The High Court has considered a case about a scheme whose rules expressly allow the trustees to change the index which they use to work out increases to pensions in payment and the revaluation of deferred pensions.


Mayer Brown | United Kingdom | 31 Aug 2011

New tax rules applying to pension schemes

The tighter new tax rules reducing the “annual allowance” for pension saving to £50,000 a year, which the Government announced last year, became law when the Finance Act 2011 received Royal Assent on 19 July.


Mayer Brown | United Kingdom | 12 Jul 2010

Consumer Prices Index to be adopted as pension increase measure

The UK Government has announced that it intends to change the measure of inflation used for working out statutory minimum increases to pensions from defined benefit occupational pension schemes.

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