Local Government Pensions Schemes
-
12 Aug 21Scotland’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. -
18 Jun 21The 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. -
18 May 21Around 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.
-
18 May 21New government guidance will aim to improve reporting and transparency by Local Government Pension Scheme pools to bring them into line with international funds, a civil servant said today.
-
18 May 21The government actuary’s assumptions on life expectancy will be critical in assessing the costs for the Local Government Pensions Scheme coming as it emerges from Covid-19, according to an industry... -
6 Mar 20Last week, the government announced amendments to the LGPS regulations around the payment of exit credits, Richard Warden explores the implications for council pension funds. -
16 Jul 19UK public sector pension fund administrators remain in the dark despite the government accepting defeat in a landmark pension ruling, PF has learned. -
18 Apr 19The government has “swindled” public sector workers out of £2.4bn in pension payments, a union has claimed. -
3 Dec 18CIPFA has urged local government pension scheme administrators to develop their own comprehensive risk management framework as it issued revised guidance in this area.
