MEMBERS of a new-look Local Government Pension Scheme may have to settle for lower accrual rates and fewer benefits as the government seeks to cap costs.
Ministers have outlined five options for a post-2008 scheme in their latest consultation paper Where next? Options for a new-look LGPS in England and Wales which the 88 administering authorities ha...
To continue reading this article...
Join Professional Pensions
- Unlimited access to real-time news, analysis and opinion from the industry
- Receive our in-depth monthly magazine in either print or digital format
- Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
- Receive important and breaking news stories selected by the Editors in our daily newsletter
- Hear from industry experts and other forward-thinking leaders
- Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date