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CBI wants public pension shake-up

The CBI is calling for public sector pensions to be overhauled and says finalsalary models should move to a more affordable system.

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Warning that pension tax changes may not be index-linked

Draft legislation, expected to be fast-tracked through Parliament this week, does not require any inflation-linked uprating of the income levels at which higher earners will be taxed on pension contributions from next April. If the Government chooses not to uprate these thresholds the initial £130,000 cut off will be equivalent to around £100,000 by 2020, […]

Robert Graves: Head of technical services Rowanmoor Pensions

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