LGPS given six-week deadline for reforms

clock

Councils have been given just six weeks to come up with a package of reforms to slash £900m from taxpayer contributions to the Local Government Pension Scheme.

In a letter seen by PP, Department for Communities and Local Government minister Eric Pickles (pictured) asks LGPS officials to deliver proposals to save the equivalent of 3.2 percentage points in ...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • 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

Join now

 

Already a Professional Pensions
member?

Login

More on Defined Benefit

Mixed picture for DB funding levels in October, Broadstone finds

Mixed picture for DB funding levels in October, Broadstone finds

Consultancy warns November could be a ‘volatile’ month for markets ahead of Budget

Martin Richmond
clock 07 November 2025 • 1 min read
Run-on, run-off or something else?

Run-on, run-off or something else?

Could Pension Schemes Bill surplus flexibilities allow more schemes to run-on?

Professional Pensions
clock 05 November 2025 • 19 min read
Partner Insight: Run-off insurance for trustees - What you need to know

Partner Insight: Run-off insurance for trustees - What you need to know

Susannah Calder, Partner, Aon
clock 05 November 2025 • 4 min read
Trustpilot