July 1, 2022

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‘Thousands and thousands’ of pensioners could lose billions in retirement as Rishi Sunak mulls tweak

The case is ongoing with a wide range of arguments being heard on the matter.

It’s anticipated a call shall be reached in roughly three months.

Trustees of the pension schemes of BT, Ford and Marks and Spencer beforehand launched a joint assertion on the matter.

They mentioned: “It’s estimated that over 10 million pensioners, by way of no fault of their very own, shall be poorer in retirement both from decrease funds or decrease switch values because of the efficient substitute of RPI with CPIH.

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