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ARTICLE · 10 APRIL 2017

Latest From The Courts On RPI/CPI

Gowling WLG
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This case provides the most up to date guidance from the Courts on how to interpret and apply rules dealing with revaluation and increases to be applied to pension benefits.

United KingdomEmployment and HR
Chris Edwards-Earl
Chris Edwards-Earl
Peter Shave
Peter Shave
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This case provides the most up to date guidance from the Courts on how to interpret and apply rules dealing with revaluation and increases to be applied to pension benefits.

The case also summarises some of the key features of RPI and CPI and how they are compiled. This is relevant in deciding between indices that aim to protect the value of pension benefits against the effects of inflation.

Our pensions experts consider what this case means for the practical application of revaluation and indexation provisions, particularly for schemes whose rules include a mechanism that contemplates switching to a different index. In addition, they focus on the comments made in the judgment regarding RPI and CPI more generally, and consider how these comments may be applied in other contexts.

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