The West Midlands Pension Fund is the first public sector body to be awarded CIPFA’s Governance Mark of Excellence, which recognises excellence across seven core governance principles.
Junior doctors in England are to be balloted on strike action after the British Medical Association said a pay offer by health secretary Jeremy Hunt intended to end the dispute over a new contract...
The Local Government Pension Scheme spent a total of £12.1bn in 2014/15 against income of £15.2bn and management costs appear to have risen significantly, government figures revealed.
A round-up of facts and figures from the November 2015 edition of Public Finance, looking at the living wage, apprenticeships versus degrees, the productivity puzzle and Brexit opinions
The triple lock on state pensions needs to end as it will become “prohibitively expensive”, Institute of Fiscal Studies director Paul Johnson has argued.
Introduction of the national living wage is a welcome development. But it raises some big questions about the feasibility and fairness of pay restraint in the public sector.
Michael O’Higgins, former chair of the Pensions Regulator, has been appointed to chair the Lancashire County Pension Fund and London Pension Fund Authority's investment partnership.
Higher-than-expected staff costs have led to NHS providers running a deficit of £930m in the first three months of 2015/16, £163m more than forecast, figures released by watchdogs have...
Health Secretary Jeremy Hunt has insisted that the government has no plans to cut the overall pay bill for junior doctors under the terms of a new contract he is looking to negotiate with the British...
Moves to create six British Wealth Funds from local government pension fund assets is an opportunity to improve governance across the sector, a senior figure told a CIPFA event at the Conservative...
The assets of the 89 local government pension funds in England and Wales are to be pooled into six new British Wealth Funds as parts of efforts to overhaul infrastructure financing, Chancellor George...
Pensions expert Michael Johnson has called on public sector pension schemes to “get on the front foot” and develop further reforms in the face of a “cashflow crisis”.
It will be challenging for local authorities to implement the National Living Wage rate within the funding constraints of the government’s 1% cap on public sector pay increases, the Resolution...
The British Medical Association has said it will return to negotiations with NHS England over a new contract for hospital consultants intended to reflect moves to seven-day working across the health...
The government’s tax and benefit changes will cost poorest households an average of £460 a year, despite the minimum wage increase, a Trades Union Congress analysis has found.
Nearly a quarter of all employees are expected to benefit from the introduction of the new ‘National Living Wage’ rate from next April, according to a Resolution Foundation analysis.
Cuts to benefits announced in the summer Budget will leave thousands of low-income households worse off next April despite the introduction of the “national living wage”, Unison claimed...
Not every public sector worker can expect to receive the 1% pay increase pledged in the summer Budget, the chief secretary to the Treasury has revealed.
The summer Budget heralded the beginning of a new round of reform for the Local Government Pension Scheme. Funds are now working together in an effort to become masters of their own destiny