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 government has announced it will introduce a bill aiming to ensure “equal treatment” of public service pension members, following the landmark McCloud ruling.
Civil service unions are threatening the Treasury with a push for a judicial review over “diabolical” proposed changes to pension scheme benefits, following the McCloud judgement.
A local government pension scheme has invested a further £50m into a London-focused investment fund it created to finance home-building in the capital.
The body representing universities has proposed greater employer support to the university pension scheme to help offset a widening deficit in the fund.
Public service pension schemes will continue to handle separate payments for historic provisions, after the government deemed a potential replacement as too resource intensive.
New guidance provides more certainty over the process allowing an employer to exit the Local Government Pension Scheme, says Richard Warden partner and actuary at pension advisors Hymans Robertson.
The Treasury has revoked regulations restricting public sector exit payments in England – on the eve of a deadline for it to submit its response to a legal challenge on the issue.
A remedy to age discrimination identified within 2015 Local Government Pension Scheme reforms is in sight – but implementing it will be a major headache for administrators, say Richard Warden and Ian...
The government has unveiled long-awaited proposals to end age discrimination in public sector pension schemes, although changes to the Local Government Pension Scheme will have to wait for a separate...
Global governments must reform their pension systems to accommodate for a growing number of workers that are self-employed or who are in temporary and part time work, the OECD has said.
Handing Local Government Pension Scheme investments to ‘passive fund’ managers would spark pushback from the scheme’s stakeholders, CIPFA’s pensions advisor has told PF.
