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...
University College Union (UCU) and Universities UK have appointed Joanne Segars to chair the joint expert panel to examine the valuation of the Universities Superannuation Scheme (USS).
The Pensions Regulator (TPR) was right to use its powers to seek financial support from ITV for members of the Box Clever pension scheme, the Upper Tribunal has said.
All 6,000 UK schemes had a surplus of £361bn by the end of last month when calculated under a best estimate return on their assets, according to First Actuarial.
Research highlights confusion about where responsibility to support members on transfers lies. Kim Kaveh looks at the key findings.