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Retail prices index v consumer prices index – The case study of Mr R

Complaint Topic:
Outcome:
Type:
Mr R was a pensioner member of the Thales UK Pension Scheme (TOPS Section) (the Scheme). Annual increases to pensions in payment under the Scheme had been calculated by reference to the retail prices index (RPI).

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Complaint Topic:
Outcome:
Type:
In 2016, the Tata Steel Group announced that it had begun a portfolio restructuring exercise and that it had started to investigate the possibility of selling Tata Steel UK (TSUK), the principal sponsoring employer of the Old British Steel Pension Scheme (OBSPS).

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