Local government pension schemes sometimes show "inconsistencies" in their valuations, Bob Holloway, head of the LGPS2 Division at the Department for Communities and Local Government says.
Speaking at the Local Authority Pension Fund Forum annual conference, Holloway highlighted the requirement for independent oversight of LGPS valuations in the Public Service Pensions Bill. When asked...
This week's top stories included Legal & General acquiring MyFutureNow to provide a dashboard service to customers, while also agreeing a hybrid buy-in with a Hitachi scheme.
NEST has signed up to the government-backed Star Initiative, taking all of its 8 million members' pension pots with it.
It is perhaps inherently difficult to find an agreed definition of value for money, but some methodologies could act as a stopgap, argues Jonathan Stapleton.