Financial market instability caused by the government’s mini-budget has created an opportunity for the Local Government Pension Scheme to boost investment, with funds generally weathering the storm.
Recruitment and retention issues have led to a 3% reduction in the social care workforce – the first decline in the sector since 2012, experts have said.
The public sector could be set for an exodus of workers if the government fails to compensate departments for higher-than-expected pay offers, according to economists at the Institute for Fiscal...
The battle between Scotland’s police officers and their employers has ended with a 5% deal – bringing them into line with other public sector pay deals.
LGPS funds should keep an eye on developments as the country, and the world, move towards net zero, writes Iain Campbell, senior investment consultant at Hymans Robertson.
Repealing reforms to off-payroll working rules could lead to a return of “widespread non-compliance and significant loss of tax revenues”, compliance experts have said.
Proposals to extend a temporary suspension on pension changes for workers returning to the NHS will do very little to tackle the staffing crisis in the sector, experts have warned.
Trade unions and council leaders are still struggling to reach an agreement on this year’s pay offer despite meeting with a senior minister, amid the looming threat of strike action.
NHS leaders have pressed the Treasury to review pension rules that discourage senior staff from working amid concerns they are hindering the service’s ability to get through backlogs.
A wage dispute between Coventry City Council and unionised refuse workers has cost the authority £4m and caused seven months of “disappointing delays”.
Scottish local government leaders have rejected claims from a union that they missed a crucial meeting to discuss the 2022-23 pay offer amid looming industrial action.
Councils will not be able to fix recruitment and retention issues afflicting social care services if they do not have enough money to ensure staff are paid properly, MPs have warned.
The government’s reluctance to fully fund pay rises for NHS staff this year could leave trusts with a funding gap of £1.8bn, a leading health service figure has warned.
Two public sector unions have been granted permission for a judicial review against pensions proposals that would see younger members foot the bill for changes linked to the McCloud ruling.