Court of Appeal rules Barnardo's trustees have no power to switch RPI for CPI

Michael Klimes
clock • 2 min read

The Court of Appeal has ruled the Barnardo's pension trustees cannot switch the scheme from the Retail Price Index (RPI) to the Consumer Price Index (CPI).

In the Buckinghamshire v Barnardo's case, the court ruled that it was not possible for the trustees to change the way members' accrual benefits are calculated for revaluation and indexation. The...

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