The Local Government Pension Scheme (LGPS) has introduced a new framework to measure investment performance and costs, and has awarded mandates to seven providers.
The move is in response to requirements for better monitoring of costs and charges, and assessment of investment performance in the new pooled structures. The framework is separated into three sections...
Businesses are experiencing auto-enrolment data error rates of up to 50%, posing questions over the reliability of pension records, Pensionsync says.
A nationwide survey of committee and local pension board members of the Local Government Pension Scheme has revealed high levels of confidence in all areas of their responsibility.
UK inflation unexpectedly rose to 2.7% in August, beating analysts' expectations of a drop to 2.4% from 2.5% the previous month.