Schools switching to academy status could face higher pension contribution rates because they will no longer have the same degree of funding security as council run schools.
New powers allowing schools to break free of council control will switch the status of the school to a scheduled body in the local government pension scheme – altering its funding status. Guidance...
This week's top stories include ITS' management buyout from Mercer, and The Pensions Regulator launching a probe into single-employer defined contribution schemes' default funds.
People retiring in the UK will on average outlive their pension savings by 10 years, according to research by the World Economic Forum (WEF).
Steps to improve auto-enrolment are uncontroversial and obvious, but the government is dawdling on introducing the necessary changes, argues Jack Jones.
Professional trustees will be expected to apply for accreditation as part of a framework intended to be launched on 1 July by the Professional Trustee Standards Working Group (PTSWG).