The government faces a warning that its plans for greater consolidation of LGPS assets risk weakening returns, as well potentially creating conflicts of interest and undermining democratic...
Major Local Government Pension Scheme consolidation is on the cards as part of a radical shake-up of the pensions market aimed at generating long-term investment.
Public sector employers will need to divert money from pensions into pay if they are to stem a recruitment and retention crisis across the sector, a leading think-tank has said.
The Scottish Government will struggle to balance its budget after tying its hands with generous public sector pay deals, Scotland’s independent economic forecaster has warned.
Robustly analysing climate risks will be critical if local government pension scheme funds are to withstand intensifying regulatory pressure, local authorities have been told.
Slow progress in compensating employees for discriminatory pay has prompted GMB members at Birmingham City Council to “overwhelmingly” vote for industrial action.
The three major unions representing council workers in England have requested a pay increase of at least 10% in 2024-25 amid “growing anger” over low wages.
Struggling Birmingham City Council could make up to 600 staff redundant months after the authority issued a Section 114 notice amid a £760m equal pay claim.
Concerns over the lack of career progression for nurses have prompted the government to explore alternatives, including a new national contract and pay scale separate from other NHS staff.
Higher investment returns across the Local Government Pension Scheme should not lead to reductions in employer contributions, despite sector-wide financial constraints, the Scheme Advisory Board has...
