Centre for Policy Studies research fellow Michael Johnson has proposed seven ways to make the local government pension scheme more sustainable.
Proposal 1: Replace Local Government Pension Scheme (LGPS) 2014 with LGPS 2018 - a defined contribution scheme. A cash balance arrangement (a form of defined benefit) could be offered for an interim period....
Escalating standards for sole trustees will become a norm for reputable firms, even if they are voluntary, says Nigel Hill.
Sole trustees will be expected to assess whether to report to The Pensions Regulator (TPR) if they are removed, or resign, from an appointment because of sponsor’s actions.
Overall mortality remains in line with pre-coronavirus trends despite a recent increase in Covid-19 related deaths, according to the Continuous Mortality Investigation (CMI).
Aon has been re-appointed by the £400m ITN Pension Scheme to provide fiduciary management services.
XPS Pensions Group has posted a total revenue growth of 9% in the six months to 30 September 2020, its pre-close trading update shows.