A low-cost section of the Local Government Pension Scheme is being backed by a trade union to stop "under pressure" council workers from deserting the scheme.
Proposals for a sub-scheme aimed at members opting out are being considered by union negotiators after a consultation showed 70% of non-members would consider a low cost alternative to full scheme ...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership for 12 months, providing you access to:
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders
Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here
