More than half of Local Government Pension Scheme members, nearly two million people, will opt-out if government increases employee contributions, union research says.
The GMB unions said plans by the Department for Communities and Local Government to raise contributions and change accrual rates - to save £900m by 2015 - will lead 55% of members to opt-out of the scheme...
Tim Sharp warns the DWP's plans for collective DC risk establishing an inhospitable environment for the lay trustee
This week's edition of Professional Pensions is out now.
The government is in talks with the UK and Irish pensions regulators over how to protect members of cross-border schemes in the event of a no-deal Brexit.
The equalisation of guaranteed minimum pensions (GMPs) is at least two years away from being completed, and could take longer than four years for some schemes, a poll has found.