Think your pension is inflation-proof? Prepare for a shock - This is Money

Many gold-plated defined benefit pension schemes have a cap on their inflation protection, which is now being breached as the cost of living surges.

Millions of pensioners who believe their incomes are protected from inflation could be in for a rude awakening in the coming months. At least ten million people are members of gold-plated defined ben… [+3863 chars]

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