UK pension funds seek judicial review of inflation measure reform ipe.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ipe.com Daily Mail and Mail on Sunday newspapers.
This week’s top stories included a legal challenge over the government’s Retail Prices Index realignment, while British Airwards deferred £450m in deficit recovery contributions.
BT, Ford and M&S schemes granted extension for legal challenge over government s decision to align RPI with CPIH
The trustees have until 7 April to decide whether to file a claim against the government
The trustees of the BT Pension Scheme, Ford Pension Schemes, and the Marks and Spencer Pension Scheme have been granted an extension to consider a legal challenge of the government’s actions following its decision to align the Retail Prices Index (RPI) with the housing cost-based Consumer Prices Index (CPIH).
Following a joint application from the major schemes, the court has granted an extension of time in which to consider a potential application for a judicial review of the decision to align RPI with CPIH.