Predictions 1% of LGPS employees will opt out of the scheme if contributions rates increase are inaccurate and a result of Treasury failure to listen to stakeholders, employers say.
Delegates heard the government’s claim that 1% of employees would opt-out of the LGPS if contributions increase three percentage points was “not accurate or true”, and had been accepted by the Treasury...
Here it is... The video of all the highlights from last night's UK Pensions Awards.
Here they are...all the pictures from the UK Pensions Awards 2019.
This week's top stories included The Pensions Regulator criticising Sir Philip Green's latest plans for the Arcadia pension schemes.
The trustees of the beleaguered industry-wide Plumbing and Mechanical Services (UK) Industry Pension Scheme have confirmed it will close to accrual in June.