Image:
HM Treasury: "As uncertainty recedes those valuations can now complete."
Amendments to the public sector scheme cost control framework made by the Government Actuary’s Department (GAD) meet the government’s objectives, HM Treasury has confirmed.
The cost control mechanism is designed to limit the impact of any rise in scheme costs on taxpayers, while also allowing schemes the flexibility to fairly raise benefits for members. Public sect...
To continue reading this article...
Join Professional Pensions
Signup and gain exclusive members-only insights
- Unlimited access to real-time news, analysis and opinion from the industry
- Receive our in-depth monthly magazine in either print or digital format
- Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
- Receive important and breaking news stories selected by the Editors in our daily newsletter
- Hear from industry experts and other forward-thinking leaders
- Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date
