To ask the Secretary of State for Work and Pensions, if she will make an assessment of the potential impact of regulations not subjecting pre-1997 defined benefit pensions to statutory indexation on the financial wellbeing of pensioners.
Analysis by the Pensions Regulator estimates that, as of 31 March 2023, more than three quarters of schemes provide indexation on scheme benefits accrued before 6 April 1997. This is in addition to any Guaranteed Minimum Pension rights accrued between 198...
Workplace Pensions: Inflation