THE GOVERNMENT has published proposals for the new-look Local Government Pension Scheme to take effect from April 1 2008.
The proposals include raising the minimum pension age from 50 to 55, revising ill-health retirement packages and increasing contribution rates – from 5.5pc to a tiered structure of 5.5pc on the first £12000...
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