LGPS

A proposed cap on redundancy payoffs in the public sector could limit early pension payments from the local government pension scheme (LGPS).

Barnett Waddingham and the Chartered Institute of Public Finance & Accountancy (CIPFA) have partnered to provide support and training for pension board members in the local government pension scheme (LGPS).

Top stories this week include the Pensions Ombudsman's dismissal of a GMP equalisation claim; the MIRA Retirement Benefits Scheme's £70m buyout; and Newham Council's proposal for an asset-backed contribution structure.

The rise of academies coupled with smaller council budgets is changing the make-up of the LGPS's employer base. Stephanie Baxter finds out it is posing major long-term challenges.

Newham Council has proposed creating an asset-backed special purpose vehicle (SPV) to reduce cash contributions to finance its defined benefit (DB) pension scheme.

Reconciliation is going to be an expensive nightmare for the LGPS

Top stories this week included TPR getting tough on master trusts, a £1.6bn de-risking deal, and fiendishly complicated plans to simplify the state pension. Here's what you might have missed.

The biggest ever overhaul of public sector pensions are expected to save the government more than £430bn by 2061/2062, according to HM Treasury.

The London Borough of Brent has appointed Northern Trust to provide global custody, performance measurement and valuation services, to its £650m pension fund.

London Pensions Fund Authority (LPFA) and Lancashire County Pension Fund are hiring a board to oversee their asset and liability management (ALM) partnership.