DfE academy guarantee 'does not address LGPS legacy liability concerns'

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The Department for Education's (DfE) commitment to underwrite Local Government Pension Scheme (LGPS) liabilities for academies does not address the issue of high legacy liabilities, an expert warns.

Education secretary Michael Gove issued a ministerial written statement earlier this month confirming that the department will take on liabilities from academies that close to ensure financial comm...

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