The agreement was that pensions would rise in line with the cost of living. It remained until the 1970s. The link was broken by the Thatcher government. If a commercial pension provider had made the decision to change the terms of an agreement unilaterally, then any court in the land would have reversed that change. I wonder how the "New Labour" morality can correct this situation.Reuse content
THERE have been many reports on pension sellers who misled people. I cannot help comparing them with previous governments who took people's money with an agreement to provide them with pensions when they retired.