Five stories you might have missed: LGPS merger; survivor benefit appeal; Tesco deficit
Top stories on the site this week include plans to merge the LGPS into six 'wealth funds', a legal challenge to make schemes equalise death benefits for same-sex couples, and a growing deficit at Tesco.
1. Osborne to force LGPS into six ‘wealth funds' to invest in UK infrastructure The Local Government Pension Scheme's 89 funds will be pooled into six British wealth funds to invest billions in infrastructure,...
More on Industry
FOI request reveals regional Pension Wise disparity
Pension Wise is delivering double the number of appointments to pension savers in some regions of the UK than in others, a freedom of information request submitted to the Money and Pensions Service (Maps) reveals.
Advice is better than guidance, says Guy Opperman
Work and Pensions Committee
CMI: 5,000 excess deaths for week two of 2021
The number of excess deaths registered in England and Wales in the second week of 2021 is around 5,000, according to the Continuous Mortality Investigation (CMI).
High pre-retiree support the FCA's investment pathways initiative
More than 60% of pre-retirees supports the Financial Conduct Authority’s (FCA) investment pathways initiative, according to research by Legal and General Investment Management (LGIM).
Have your say: Do you support a 'Living Pension' accreditation to help low- to middle-income earners?
In this week's Pensions Buzz, we want to know whether you support the introduction of a ‘Living Pension’ accreditation to help low- to middle-income earners.