High Court rejects all three claims brought forward by the pension scheme claimants
The trustees of the BT, Ford, and M&S schemes say investors now face losses of up to £100bn
The hearing could have significant ramifications for schemes if successful
The hearing is expected to take place in summer next year
The trustees of the BT Pension Scheme, Ford Pension Schemes, and the Marks and Spencer Pension Scheme have confirmed they will seek a judicial review of the decision to replace the Retail Prices Index (RPI) from 2030.
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)...