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24 Mar 21
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.
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4 Feb 21
The Treasury has confirmed that the public sector pension scheme members will be allowed to defer their choice on pension benefits upon retirement.
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4 Feb 21
Two Local Government Pension Scheme pools in England are to invest £190m in a UK affordable housing programme.
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4 Jan 21
The High Court has granted permission for a judicial review into the legality of Local Government Pension Scheme exit payment cap regulations.
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21 Dec 20
This year has been one of the most demanding for the public sector in living memory. PF lists the ten biggest stories from the past 12 months.
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18 Dec 20
Most people will be glad to see the back of 2020. However, those in LGPS circles will find it hard to fully erase its memory as announcements made during the year will affect resources into 2021 and...
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17 Dec 20
The exit payment cap for Local Government Pension Schemes in England can be relaxed for some employees on “compassionate grounds”, the government has said.
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24 Nov 20
The government has been given until 10 December to respond to a legal challenge over local government exit payments tabled by two local authority groups, their lawyer has told PF.
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12 Nov 20
The government has botched the introduction of the £95,000 exit cap for the Local Government Pension Scheme, says Ian Colvin.
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6 Nov 20
Local Government Pension Scheme funds in England and Wales reported a negative cashflow position again last year, as schemes paid out £900m more in benefits than they received, according to...
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4 Nov 20
Local government pension schemes in Lincolnshire, South Yorkshire and Tyne and Wear have invested a combined £97m into a ten-year residential investment fund.
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29 Oct 20
Local government minister Luke Hall has asked councils to apply the £95,000 exit payment cap to pension schemes before regulations are formally introduced – a move one lawyer called a “load of...
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27 Oct 20
Three local government organisations have written to the government threatening a legal challenge to changes to local government exit payments.
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7 Oct 20
Sarah Lamont, partner and specialist employment lawyer at law firm Bevan Brittan, looks at how LGPS will be affected by the upcoming local government exit payment caps.
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17 Sep 20
Public sector members of the Local Government Pension Scheme aged over 55, who are made redundant and wish to take early retirement as result, will face “significant” cuts to their benefits if...
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28 Aug 20
Northamptonshire County Council has approved proposals for West Northamptonshire to be the administering authority of its pension fund when the authority comes into force next year.
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27 Aug 20
Local Government Pensions Schemes will be given greater flexibility to review contributions rates under new proposals from the government following Covid-19.
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23 Jul 20
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...
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17 Jul 20
New proposals to rectify discrimination introduced by 2015 reforms to the Local Government Pension Scheme will cost employers £2.5bn, the government has estimated.
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16 Jul 20
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...
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27 Mar 20
The government is seeking views on the merging the Northumberland Pension Fund into the Tyne and Wear Pension Fund.
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24 Mar 20
Local authority pension providers have been urged to suspend or amend any policies that abate pensions for retired key workers who return to work to help tackle the coronavirus pandemic.
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12 Mar 20
Local pension fund pool, the London Collective Investment Vehicle has launched a new sustainable equity exclusion fund.
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6 Mar 20
Last week, the government announced amendments to the LGPS regulations around the payment of exit credits, Richard Warden explores the implications for council pension funds.
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28 Feb 20
The government has unveiled measures giving Local Government Pension Scheme funds greater control over exit payments to employers leaving the scheme.
24 Mar 21New 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.
4 Feb 21The Treasury has confirmed that the public sector pension scheme members will be allowed to defer their choice on pension benefits upon retirement.
4 Feb 21Two Local Government Pension Scheme pools in England are to invest £190m in a UK affordable housing programme.
4 Jan 21The High Court has granted permission for a judicial review into the legality of Local Government Pension Scheme exit payment cap regulations.
21 Dec 20This year has been one of the most demanding for the public sector in living memory. PF lists the ten biggest stories from the past 12 months.
18 Dec 20Most people will be glad to see the back of 2020. However, those in LGPS circles will find it hard to fully erase its memory as announcements made during the year will affect resources into 2021 and...
17 Dec 20The exit payment cap for Local Government Pension Schemes in England can be relaxed for some employees on “compassionate grounds”, the government has said.
24 Nov 20The government has been given until 10 December to respond to a legal challenge over local government exit payments tabled by two local authority groups, their lawyer has told PF.
12 Nov 20The government has botched the introduction of the £95,000 exit cap for the Local Government Pension Scheme, says Ian Colvin.
4 Nov 20Local government pension schemes in Lincolnshire, South Yorkshire and Tyne and Wear have invested a combined £97m into a ten-year residential investment fund.
7 Oct 20Sarah Lamont, partner and specialist employment lawyer at law firm Bevan Brittan, looks at how LGPS will be affected by the upcoming local government exit payment caps.
28 Aug 20Northamptonshire County Council has approved proposals for West Northamptonshire to be the administering authority of its pension fund when the authority comes into force next year.
12 Mar 20Local pension fund pool, the London Collective Investment Vehicle has launched a new sustainable equity exclusion fund.
28 Sep 21
7 Jul 21 to 8 Jul 21
