Governments have a special way of telling us about changes to pensions. They know we find them a bit dull and complicated (until we start receiving an income from them), so they know they can announce something in vague, technical terms, and most of us will just gloss over the facts. Keep up to date by visiting < http://www.enjoy-your-retirement.com>
But one consultancy has claimed that the changes Work and Pensions Secretary Iain Duncan Smith has made to the way inflation on pensions is calculated, will mean final salary pensions reduce by a quarter. Extract from the governments own publicity machine.
But one consultancy has claimed that the changes Work and Pensions Secretary Iain Duncan Smith has made to the way inflation on pensions is calculated, will mean final salary pensions reduce by a quarter. Extract from the governments own publicity machine.
