The Conservative chairman of the Local Government Association has attacked coalition plans to hike council worker pension contributions warning the move would lead to mass opt-outs.
UK - Treasury plans to increase public sector employee pension contributions by 3% could destroy the Local Government Pension Scheme, the London Pensions Fund Authority warned.
Treasury plans to increase public sector employee pension contributions by 3% could destroy the Local Government Pension Scheme, the London Pensions Fund Authority warns.
Plans to introduce a universal state pension could be held back until 2014 to give the coalition government a boost at the next general election, a policy expert says.
Pensions minister Steve Webb will face a barrage of questions on pension changes next week as MPs return to parliament.
The Pensions Advisory Service chairman Partha Dasgupta has launched a passionate defence of the government-funded body after a leaked Cabinet Office document revealed it remains under threat.
Lord John Hutton is set to publish the interim findings of the independent Public Service Pension Commission's review on Thursday, this week.
The withdrawal of child benefit from families where at least one parent pays 40% tax could create strong incentives for people to increase their pension contributions, Towers Watson says.
Underfunded local authorities could be subjected to indiscriminate cuts as part of George Osborne's spending review, a former local government pensions officer warns.
The state pension age should be hiked to at least 70 by the mid-2030s if concerns over the impact of rising longevity are to be allayed, industry experts say.