UK - The latest round of valuations at the Local Government Pension Scheme have sparked fears that council employers will pay more for their workers' pensions.
Average contribution rates have risen by 1% and 3% respectively at two of the more healthy schemes, Tameside and the London Pension Fund Authority. The rates at these two schemes now stand at 9% an...
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
