The government's proposed cap on redundancy payoffs in the public sector would require complex changes to the Local Government Pension Scheme (LGPS) regulations, the industry has warned.
Such changes would result in more work for the scheme at a time when the LGPS is already under immense pressure following major regulatory changes in the past couple of years. Concerns were highlighted...
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.