UK - Councils are split over implementing changes that allow councillors access to the Local Government Pension Scheme.
The government amended the Local Government Act 2000 to give councillors access to the LGPS – subject to constituency approval – after a sustained campaign by local authority pension schemes and senior councillors.
The Next Generation Pensions Committee is on a mission to promote and encourage younger voices in the industry. Kim Kaveh looks at its key objectives
This week's top stories included an analysis finding the cost of equalising guaranteed minimum pensions in schemes could hit FTSE 100 profits by up to £15bn.
Employers whose dividend to deficit recovery contribution (DRCs) ratios fall outside the "normal range" should expect to see higher regulatory scrutiny, although no fixed ratio will be set.
Investment consultants and fiduciary managers should expect a final decision on the investigation into the market to be published by the end of the year, the competition watchdog says.