Framework is needed now to help remedy the age-related differences in public service pension schemes. Virginia Burke looks at what administrators can do.
The government confirmed on 15 July 2019 that it will engage fully with the Employment Tribunal to remedy the age-related differences in treatment between members of the public service pension schemes...
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.