Stephanie Baxter says some local councils' attempts to find new ways to make savings are welcome but must have strong safeguards
At a time when many local councils are under financial pressure, some are looking to find innovative ways to make savings. For example, an asset-backed funding structure has been agreed for Croydon Pension...
The top stories this week were the High Court's decision to block the £12bn annuity transfer from Prudential to Rothesay Life, and a separate court ruling that 'raises the bar' for pension rectification exercises.
Guaranteed minimum pension (GMP) equalisation has soared to the top of pension schemes' to-do lists, with 58% stating it is a priority project, research from Equiniti has revealed.
Professional Pensions is holding its defined contribution (DC) conference on 4 September.