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Legal Update

Bridging pensions – changes to state pension age

19 August 2013
Mayer Brown Legal Update

From 1 October 2013, trustees of schemes that provide bridging pensions will have wide new powers to modify their bridging pension rules in light of changes to state pension age (“SPA”). Employer consent will be required in all cases.

This article provides a summary of the background to the new powers and how they will work.

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