Government faces £4bn extra annual pensions bill after age discrimination case
The government will pause planned changes to public sector pensions as it faces an estimated £4bn annual bill after losing a legal battle last year.
It follows 2015 pension changes which meant younger firefighters and judges were moved to new, less generous pension schemes, while older workers were able to stay in their existing schemes. This prompted...
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UPDATE: DWP outlines climate risk mitigation expectations to TPR
The Department for Work and Pensions (DWP) has called on The Pensions Regulator (TPR) to deepen its research on its planned regulatory approach to tackling climate-related risks and how it would manage any opportunities from climate change.
