THE NEW-LOOK Local Government Pension Scheme - set to be introduced next April - will cost more than the existing scheme, actuaries say.
They claim the abolition of the so-called rule of 85 last year – which allowed local authority workers to retire from 60 on an unreduced pension if the sum of their age and years of service equalled 85...
Most respondents in this week's Pensions Buzz do not think businesses should be able suspend AE contributions if in financial distress.
Former BHS owner Dominic Chappell has lost the appeal against his section 72 conviction and sentence for failing to hand over information to The Pensions Regulator (TPR).
This week's top stories include Marsh and McLennan Companies agreeing to buy JLT, and the home secretary calling for AE to be scrapped in a no-deal Brexit scenario.
Lesley Titcomb says the watchdog wants closer interactions with pension funds to spot problems sooner and act before having to use its more stringent powers