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The article fails to point out that some pension schemes have RPI written into their rules, so members of those schemes will continue enjoy full inflation linking of their benefits (if you believe that RPI itself is a true measure of inflation).

So we have ended up with exactly the "small print lottery" which pensions minister Steve Webb explicitly said he wanted to avoid.

I can only think that this is a result of poor, rushed policy making and bad advice from civil servants, who didn't realise that the trust deeds of many schemes have RPI "hard coded" into them and that the articles of these deeds are legally binding on the schemes & their members.

It makes you wonder if all other coalition polices have been constructed in the same slipshod manner!

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