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Pensions consultation

 

The Church of England is to review clergy pension arrangements following the publication of a report by a task group set up by the Archbishops of Canterbury and York. Like other defined benefit pension schemes, the Church’s pension schemes are under pressure because of the long-term reduction in returns from stock exchange investments and the increasing life expectancy of members. The wide-ranging consultation exercise is likely to lead to decisions being taken by General Synod next year. Further information and the latest updates on the consultation can be found at www.cofe.anglican.org/info/pensions