Many Local Government Pension Schemes are in a stronger position than three years ago to meet future member benefits, pension advisors have said following the most recent valuations.
Government delays to fixing legal problems with its fraught public service pension reforms mean many scheme members have made life-changing decisions while in the dark about their consequences.
A government-imposed savings target could lead to “unacceptable” cuts to pension benefits at Transport for London, which faces the threat of further industrial action if such cuts were to happen.
Raising the state pension age from 65 to 66 pushed nearly 100,000 65-year-olds into income poverty, leading to calls for more support for people in their 60s to find work.
A county council has decided to write off more than £2m in overpayments made to retired members of its pension scheme, saying to recover them would not be cost effective.
A Local Government Pension Scheme pool that handles assets for 11 local government pension schemes has launched a second series of its private markets programme, including a distinct climate-related...
The Universities Superannuation Scheme deficit fell by nearly 80% between March 2020 and January 2022, but officials warned volatile markets mean charting the right course remains a “challenge”.
The government has said its proposed NHS Pension Scheme changes will go ahead following a consultation, albeit six months later than planned amid fears changes will hit staff during a cost of living...
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.
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 Treasury has confirmed that its Dormant Assets Scheme is to be expanded to cover accounts in insurance, pensions, investment, wealth management and securities sectors.
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...
The Universities Superannuation Scheme deficit has widened to £21.5bn, more than 50% higher than the previous £13bn estimate in July, according to the Institute for Fiscal Studies.
Two experts face off over proposed changes to transitional arrangements relating to the 2015 NHS, Teachers, Fire Service, Police, Civil Service and Armed Forces pension schemes.
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...
