Public sector pension schemes must ‘bite the bullet' on planned reform because the changes are necessary to ensure fairness to taxpayers, Lord Hutton told delegates.
He said hikes in contribution rates and a change to the discount rate were difficult decisions to make in the tough economic climate but there was no other choice given years of underfunding in local government...
Females can expect to live a greater number of years in poor health than males, according to data from the Office for National Statistics (ONS) for 2015 to 2017.
Scottish higher-rate taxpayers will benefit from more pensions tax relief than workers on the same salary anywhere else in the UK as income tax bands continue to diverge.
Schemes risk breaking the law and being forced to wind up as The Pensions Regulator (TPR) warns some may be master trusts but do not know so.
As a hectic 2018 draws to an end, Jonathan Stapleton wishes readers a quieter 2019.