A London borough’s pension fund has moved £45m into a dedicated investment fund aimed at creating social and environmental benefits within the capital.
Scotland’s largest Local Government Pension Scheme has reported a suspected £300,000 fraudulent claim to the police, after it was revealed a deceased pensioner was receiving pay-outs.
The government should ensure the same opportunities for UK pension funds to invest in British initiatives as it does for international investors, a Local Government Pension Scheme pool chief investor...
The average cost of workers leaving the public sector in England rose last year, despite Covid-19 reducing the number of redundancies, according to data compiled by local authorities.
Trade unions are likely to recommend their members reject the final pay offer for local government workers in England, Wales and Northern Ireland, which one official has labelled as “scandalous”.
Public sector unions will consult members on potential industrial action over a 3% pay rise from NHS workers, which has been branded “inadequate and underwhelming”.
Members at some larger local authorities are keen for staff to return to office working to help mitigate losses to regional economies, CIPFA chief executive Rob Whiteman told delegates to his...
How the coronavirus pandemic and its impact on working arrangements and mental health, has led to social factors having a dominating role on the ESG considerations of pension...
The government has rejected a proposal by the government actuary that would have allowed greater flexibility in public pension funds’ response to rising costs.
The Government Actuary’s Department has proposed new measures to allow greater flexibility over action taken due to rises or falls in public pension fund costs.
The government's narrow focus on spending on public sector pensions runs the risk of missing much bigger financial impacts caused by young employees failing to enrol in the schemes, MPs have warned.
The proposed merging of the Pensions Regulator’s Code of Practice needs further clarity around the role of public pension committees and boards, an advisor told PF.
The London Borough of Croydon is set to drop plans to transfer homes built by subsidiaries into its pension fund to help reduce employer contributions.
Around half of Local Government Pensions Scheme assets have been transferred to investment pools, despite a dip due to Covid-19, a senior civil servant said.