Tata steel pension changes for all?

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The government says proposals to change the British Steel pension scheme won't affect other defined benefit pensions. Some experts aren't so sure. Paul Lewis interviews Professor David Blake, director of the Pensions Institute at Cass Business School and David Fairs, chairman of the Association of Consulting Actuaries. Indian banks feature strongly in UK best-buy tables for money products. How can they afford to offer better rates than the high street banks? Paul talks to Sanjiv Chadha, from the State Bank of India. Homeowners could be offered the option of switching their mortgage supplier within a week, under plans being considered by the government. But with all of the checks involved, Paul asks whether it would be possible and whether most people actually want to be able to switch their mortgage so quickly. And from Autumn 2017, universities with better teaching might be able to charge higher fees. That's what's being proposed in the government's white paper, 'Success as a Knowledge Economy'. But given the expense is a graduate education any longer worth the outlay?