In a paper on the £178bn Local Government Pension Scheme (LGPS) Michael Johnson claims the fund is leaking £1bn a year through inefficiency and poor governance. Here are nine proposals to fix things.
1) The LGPS's 89 disparate funds should be restructured as a single fund, the Local Government Investment Fund (LGIF). 2) The LGIF should comprise of four competing asset allocators. Each would receive...
Most respondents in this week's Pensions Buzz do not think businesses should be able suspend AE contributions if in financial distress.
Former BHS owner Dominic Chappell has lost the appeal against his section 72 conviction and sentence for failing to hand over information to The Pensions Regulator (TPR).
This week's top stories include Marsh and McLennan Companies agreeing to buy JLT, and the home secretary calling for AE to be scrapped in a no-deal Brexit scenario.
Lesley Titcomb says the watchdog wants closer interactions with pension funds to spot problems sooner and act before having to use its more stringent powers