Government calculations on public sector pension savings have been labelled "fundamentally unsound" after independent analysis revealed increasing retirement ages failed to cut taxpayer costs.

Proposals to bring iorps directive into line with solvency ii rules receive negative UK response.

Unions and local government employers will meet early next week to kick off three months' of intense talks designed to produce a new Local Government Pension Scheme.

Michael Bow on the LGPS reform roadmap

Merseyside Pension Fund has launched a dedicated website for Local Government Pension Scheme members to educate and engage them on plans for a new career average scheme.

Ministers and pension scheme representatives are set to meet every fortnight over the next three months to plot a course to boost funding in UK infrastructure.

Firms will have to commit an additional £600bn to their defined benefit schemes if Solvency II is enforced by the European Union, J.P. Morgan warns.

Government and unions have reached agreement on reforms to the Local Government Pension Scheme following emergency talks yesterday afternoon.

Local Government Pension Scheme reforms are in disarray after union bosses withdrew their agreement following a last minute policy shift by government on employer contribution rates.

Defined benefit liabilities and recovery contributions could almost double under EU proposals to change pension rules, industry analysts warn.