Today the Department for Communities and Local Government (DCLG) launched a call for evidence into co-operation and cost reduction in Local Government Pension Scheme (LGPS).
Alongside the consultation (PP Online 21 June) DCLG also published scheme data on costs for 2011-12. Below are the key statistics. The largest scheme by members is Tameside, with 269,969, followed...
This week's top stories included Legal & General acquiring MyFutureNow to provide a dashboard service to customers, while also agreeing a hybrid buy-in with a Hitachi scheme.
NEST has signed up to the government-backed Star Initiative, taking all of its 8 million members' pension pots with it.
It is perhaps inherently difficult to find an agreed definition of value for money, but some methodologies could act as a stopgap, argues Jonathan Stapleton.