Approaches to applying a pension increase underpin (FDR v Dutton)

Pensions analysis: How should an underpin operate in relation to increases to pensions in payment for an occupational pension scheme? Simon Atkinson,  points out that in the current world of prevailing scheme deficits and struggling employers, the Court of Appeal’s decision in FDR Ltd to apply a cumulative approach is surely to be welcomed.

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This article was first published on Lexis®PSL  ​Pensions analysis on 11 April 2017. Click for a free trial of Lexis®PSL.