Official figures reveal the local government pension scheme (LGPS) had a positive year amid good investment performance but has not addressed the burden of past deficits.
Income outstripped expenditure so that the value of the 81LGPS funds in England grew by 13% over the last year to over £200bn, according to government statistics published yesterday. The 2014-2015 figures...
The Centre for Social Justice is calling for the state pension age to be raised to 70 by 2028 and to 75 by 2035, a much faster rise than currently planned.
The High Court has blocked the £12bn transfer of Prudential's annuity book to Rothesay Life, citing the insurer's lack of "established reputation" and differing "capital management policies".
Jonathan Stapleton speaks to Punter Southall Governance Services director of outsourced pension services Clare Owen about the firm's latest reseach into the effectiveness of trustee boards.