Local authority leaders no longer consider pensions to be a major concern for their sector, according to an Ipsos Mori poll.
The survey, based on 200 interviews with public sector leaders in local government, central government, NHS and education, asked for perspectives on the challenges facing the respondents' respective industries.
Three quarters (74%) of local government leaders highlighted "fundraising/grants/budget cuts" as the "most important issue" facing town halls.
Another 16% said they were concerned about cuts coupled with steady or increasing demand for services, while 16% also said "the economy/deficit/financial uncertainty" was a significant worry.
New legislation, change, financial stability and funding cuts were flagged up by less than 10% of respondents.
Despite the upcoming introduction of Local Government Pension Scheme (LGPS) 2014 and this year's triennial valuations, none of the local government sample highlighted pensions and other workforce issues as a concern.
By comparison, 10% of central government leaders said "workforce issues/redundancies/impact on pay/pensions/staff morale/staff retention" were the most important issues facing the sector. Just 2% of NHS respondents said the same of their sector, while no interviewees from education emphasised these challenges.
Defined benefit (DB) schemes that provide GMPs must revisit and, where necessary, top-up historic cash equivalent transfer values (CETVs) that have been calculated on an unequal basis, a landmark court judgment said last week.
Regulators must act now to impose some "proper regulation" to stop another defined benefit (DB) transfer advice disaster, saysTim Sargisson.
Opportunities for defined benefit (DB) schemes to pursue investment approaches that help repair the UK’s economy cannot stand in the way of improving member outcomes, Aegon says.
More members transferred out of defined benefit (DB) pension schemes in October after September's record lows while values were surprisingly stable, according to XPS Pensions Group's Transfer Watch.
Joanna Smith says trustees will need to accurately identify if covenant issues are short-term affordability concerns, or the start of more material deterioration.