MPs are set to lose their gold-plated pensions in favour of a career average revalued earnings scheme after an independent report from the Senior Salaries Review Board.
The review concluded moving from a final salary to a CARE scheme was the best solution for reducing taxpayer contribution to the Parliamentary Contributory Pension Fund and securing adequate and su...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders