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11 Jan 21
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.
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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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3 Nov 20
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.
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9 Oct 20
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.
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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 Feb 20
The government has unveiled measures giving Local Government Pension Scheme funds greater control over exit payments to employers leaving the scheme.
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22 Oct 19
Bright Blue’s Sam Robinson explains why the UK’s pension system is inadequate and lagging behind those of other countries.
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17 Oct 19
Pension tax relief will cost the government nearly £40bn in 2019-20 - up more than £2bn on last year, HMRC figures have shown.
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17 Sep 19
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.
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11 Sep 19
There are options other than hiking the state pension age to pay for changing demographics, says Bright Blue’s Sam Robinson.
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27 Aug 19
Doctors and teachers will launch a legal challenge against the government following a landmark public sector pensions ruling, a law firm has said.
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15 Aug 19
The number of people receiving the state pension has fallen by 120,000 over the course of a year, government statistics have shown.
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9 Aug 19
Self-regulation will not stop the pension industry “ripping off” customers with hidden charges and the government must step in, say MPs.
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7 Aug 19
Proposals aimed at ending an ongoing NHS pensions row have been overhauled less than three weeks after they were announced.
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6 Aug 19
Pension savers want more responsible investment strategies but a clear policy framework is needed to enable a strong environmental, social and governance market, says Bright Blue’s Sam...
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26 Jul 19
Health secretary Matt Hancock has announced a consultation on NHS pensions, after changes to rules appear to have resulted in a reduction of doctor hours.
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26 Jun 19
The mishandling of a high-profile IT project has left Scotland’s public sector pensions body facing a budget gap of up to £23m over the next five years.
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25 Apr 19
Extra pressure could be placed on the NHS as doctors reduce their workloads because of tax charged on pension contributions, according to the British Medical Association.
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19 Mar 19
Retired civil servants will have their pensions cut by up to £700 per year after mistaken payments were made over several years.
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10 Jan 19
Local government workers whose jobs have been outsourced will remain in the Local Government Pension Scheme, under proposals announced today.
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3 Dec 18
CIPFA has urged local government pension scheme administrators to develop their own comprehensive risk management framework as it issued revised guidance in this area.
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14 Nov 18
The world of local government finance has seen massive changes in recent years, but updated guidance is available to help bridge the gap, explains consultant Peter Worth.
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14 Nov 18
Despite unprecedented challenges, the Local Government Pension Scheme has emerged as a robust, high-performing scheme, says CIPFA’s Mike Ellsmore.
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12 Nov 18
The government’s announcement of mandatory pooling of local government pension schemes certainly made waves, but, three years on, how are the new mega pools shaping up? Karen Day reports.
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15 Oct 18
A police chief has blamed real terms funding cuts from central government for having to make “unprecedented” cuts in his force’s officer and staff numbers.