Employers lash out at Treasury

clock

Predictions 1% of LGPS employees will opt out of the scheme if contributions rates increase are inaccurate and a result of Treasury failure to listen to stakeholders, employers say.

Delegates heard the government’s claim that 1% of employees would opt-out of the LGPS if contributions increase three percentage points was “not accurate or true”, and had been accepted by the Trea...

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 Industry

Steve Webb: Abolition of triple-lock could increase inadequacy by two-thirds

Steve Webb: Abolition of triple-lock could increase inadequacy by two-thirds

Former pensions minister says number of those with inadequate retirement could reach 25m

Jasmine Urquhart
clock 12 December 2025 • 1 min read
Professional Pensions: Stories of the week

Professional Pensions: Stories of the week

Lloyds completes three longevity hedging transactions, WTW acquires Cushon, TPR updates admin guidance

Professional Pensions
clock 12 December 2025 • 1 min read
News Digest: MPs pension scheme makes 'mockery' of Reeves investment push

News Digest: MPs pension scheme makes 'mockery' of Reeves investment push

PP brings together all the latest news on pensions from across the national and financial media

Professional Pensions
clock 12 December 2025 • 1 min read
Trustpilot