Councils have been given just six weeks to come up with a package of reforms to slash £900m from taxpayer contributions to the Local Government Pension Scheme.
In a letter seen by PP, Department for Communities and Local Government minister Eric Pickles (pictured) asks LGPS officials to deliver proposals to save the equivalent of 3.2 percentage points in ...
To continue reading this article...
Join Professional Pensions
- Unlimited access to real-time news, analysis and opinion from the industry
- Receive our in-depth monthly magazine in either print or digital format
- Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
- Receive important and breaking news stories selected by the Editors in our daily newsletter
- Hear from industry experts and other forward-thinking leaders
- Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date