DWP consults on CPI link for lifeboat schemes

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The Department for Work and Pensions has issued a formal consultation on proposals to shift the inflation link for increases in PPF and FAS payments from the retail prices index (RPI) to the consumer prices index (CPI).

Under the draft proposals - released yesterday - those people reaching the point at which Pension Protection Fund (PPF) or Financial Assistance Scheme (FAS) payments are payable on or before 30 Mar...

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