Jurisdiction(s):
United Kingdom

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Style definition

What does Style mean? In legal practice, a style is a precedent or template for a document, used as a model when drafting similar documents (for example, contracts, deeds, pleadings, affidavits, company resolutions and wills). The term is descriptive rather than statutory; it is widely used in Scotland and understood across England and Wales, Northern Ireland and Ireland, where ‘precedent’ is more common. A style typically provides boilerplate wording, standard clauses and optional alternatives (often shown in square brackets), sometimes with drafting notes. Styles appear in firm house-style collections and published style books or formbooks. Practitioners must adapt any style to the client’s facts, transaction, forum...

Occupational scheme pensions in payment: statutory indexation (LPI), CPI/RPI changes, GMP and pension credit increases, exclusions and practical drafting—Great Britain

Published by a LexisNexis Pensions expert

Practice notes

FORTHCOMING DEVELOPMENT :

From 6 April 2028, section 10 of the Finance Act 2022 raises the normal minimum pension age (NMPA) from 55 to 57, with the exception of members of the firefighters, police and armed forces public service pension schemes.

The Finance Act 2022 also enables members of registered pension schemes to access benefits before age 57 where, on or before 4 November 2021:

they already held an ‘unqualified right’ to take benefits;
or they were in the course of a substantive transfer to a scheme offering an unqualified right to a protected pension age below 57 on or before 4 November 2021.

To rely on this new 2028 protection, the scheme’s rules must have included, on 11 February 2021, an unqualified right to take entitlement to scheme benefits before reaching 57.

For further detail, see Practice Note: Increasing the normal minimum pension age (NMPA) to 57—pensions impact.

THIS PRACTICE NOTE APPLIES TO ALL OCCUPATIONAL PENSION SCHEMES

Statutory requirement to increase pensions in payment

Since 6 April 1997, there has been a statutory obligation to safeguard pensions in payment against the effects of inflation...

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Web page updated on 21/05/2026

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