Pensions face new blow from ministers - Telegraph:"Private-sector workers could see their final salary pensions “eaten away” by the rising of cost of living after ministers proposed removing legal protections against inflation from “gold-plated” retirement funds.
Almost two million employees who are still part of final salary schemes could lose the legal right to have their retirement income rise in line with inflation under the proposals.
The change, which would not apply to public sector workers, could cut the spending power of a pension by almost a third over a 15-year retirement."
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