Two new Local Government Pension Schemes have joined the Local Authority Pension Fund Forum, taking its membership to 48.
The move by the £700m Falkirk Council Pension Fund and the £370m City of London Corporation Pension Fund means 50pc of local authority schemes are now members of the forum which promotes the investment...
The secretary of state for work and pensions has told MPs clawback and avoidance measures could be imposed for the people responsible for driving Carillion over the cliff.
Occupational pension provision has continued to grow in value, but there remains large variance in incomes across the pensioner age group, according to latest government data.
Defined benefit (DB) schemes could have an aggregate surplus by 2021 under Pension Protection Fund (PPF) projections, its strategic plan for 2018 to 2021 reveals.
Investment consultants are failing to recommend products that outperform net of fees, the Competition and Markets Authority (CMA) has said as its investigation into the market continues.