A low-cost section of the Local Government Pension Scheme is being backed by a trade union to stop "under pressure" council workers from deserting the scheme.
Proposals for a sub-scheme aimed at members opting out are being considered by union negotiators after a consultation showed 70% of non-members would consider a low cost alternative to full scheme ...
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