The equivalent of £1 in every £5 raised in council tax in the UK goes towards funding the Local Government Pension Scheme, research from a tax lobby group claims.
The calculations by the Taxpayers' Alliance reveals £5bn of the £253bn raised annually by councils in local tax revenues is spent on employer contributions. Birmingham City Council makes the most contributions...
The Co-operative Group's Somerfield Pension Scheme has completed a buy-in with Pension Insurance Corporation (PIC), insuring the benefits of its pensioner members.
Caroline Rookes CBE and Michele Hirons-Wood have joined The Pension Superfund's board of trustees to focus on maintaining governance standards and safeguarding member benefits.
The first specialist independent firm advising pension schemes on bulk annuities or moving to a consolidator has been set up with ambitions to shake up the market.