Local authorities will have to overhaul administration systems before changes to the Local Government Pension Scheme in 2014, warns a provider.
MyCSP, which was spun out from the in-house civil service administration team this spring, said many authorities would be unprepared for the scale and complexity of the changes. The firm has set up...
Life expectancy in the UK saw no improvement between 2015 and 2017 as the number of people aged over 90 hit a record high, latest Office for National Statistics (ONS) data reveals.
Self-administered pension funds spent £14bn on payments to pensioners in Q2 2018, but only received £11.4bn of contributions (net of refunds), latest Office for National Statistics (ONS) data reveals.
The Pensions and Lifetime Savings Association (PLSA) has named the 17 members of its inaugural policy board after a competitive application process with 60 candidates.