The Treasury has agreed to hold separate negotiations with unions on reforms to the Local Government Pension Scheme after acknowledging its funded status made it different to other public sector schemes.
Separate talks between the two sides will now take place involving local government unions after warnings a 3.2 percentage points average hike in contributions could lead to mass opt-outs. It comes...
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).