The Local Government Pension Scheme will become "unsustainable" following cuts outlined in last month's Comprehensive Spending Review, the GMB warns.
The trade body said under measures laid out in government's CSR to save an additional £1.8bn a year by 2014-15, 1.7 million council workers will be obliged to pay three percentage points extra into their...
More needs to be done to speed up DB to DC transfers but, as Jonathan Stapleton says, more also needs to be done to protect members.
The Pensions Ombudsman (TPO) took on 2,566 early resolution cases in 2018/19 after onboarding a team from The Pensions Advisory Service (TPAS), according to its annual report and accounts.
The lifeboat fund is in a good position despite reserves taking a £0.6bn hit. But the ramifications of the EU judgment on member compensation is an area of concern for CEO Oliver Morley, writes Stephanie Baxter