UK - Local authorities will face increasing public wrath if they use council tax rises to correct pension scheme deficits, leading industry figures warn.
And the issue will be exacerbated as the number of council taxpayers with their own final salary schemes declines, Mercer Human Resource Consulting’s UK head of investment consulting, Andrew Kirton...
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
