SAVINGS from moving to a new-look Local Government Pension Scheme will be wiped out by improved mortality figures, Hewitt Associates warns.
Hewitt actuary Tim Lunn said the Government Actuary’s Department had used 1992 actuarial projections to calculate cost savings of the new-look LGPS, as had most local authority schemes when completing...
Females can expect to live a greater number of years in poor health than males, according to data from the Office for National Statistics (ONS) for 2015 to 2017.
Scottish higher-rate taxpayers will benefit from more pensions tax relief than workers on the same salary anywhere else in the UK as income tax bands continue to diverge.
Schemes risk breaking the law and being forced to wind up as The Pensions Regulator (TPR) warns some may be master trusts but do not know so.
As a hectic 2018 draws to an end, Jonathan Stapleton wishes readers a quieter 2019.