The outline deal between government and unions on public sector workers is like ‘Christmas come early for public sector workers', Barnett Waddingham says.
The actuarial firm - which advises a quarter of local government pension schemes - said the move to a higher accrual rate with a lower revaluation rate would give people "more for more" in the short term....
Guy Opperman has indicated his support for a fresh pensions commission as the government seeks to understand how to progress pensions policy in a wide range of areas.
Auto-enrolment (AE) minimum contribution rates could rise to 12% by 2030, with a 50/50 split between employer and employee, the Pensions and Lifetime Savings Association (PLSA) says.
ITM director Maurice Titley looks at the next steps schemes should take on GMP equalisation.
Schemes are too focused on outcomes when assessing governance, when this may be a result of circumstance not skill. James Phillips looks at whether governance needs more of a framework.