LGPS

Delays to ‘Fair Deal' changes are leading private employers to negotiate bad pension deals for new employees because of confusion over government plans, industry figures say.

GLOBAL - Have you missed the biggest stories in pensions this week? Find out below, as we list the top 10 most popular stories on www.globalpensions.com over the past seven days.

The government will allow the Local Government Pension Scheme to ditch Lord Hutton's proposals for a career average scheme and keep the final salary arrangements if it can justify it is "fairer" for members, a senior source close to government says.

UK - The government has offered unions an improved accrual rate of 1/60th and more protection for workers approaching retirement in a concession on public sector pension changes.

Here it is. Chief secretary to the Treasury Danny Alexander's speech to the House of Commons regarding enhancements to public sector pensions reform proposals.

The £2.4bn Derbyshire County Council Pension Fund is set to review the number of additional voluntary contribution providers it uses in a bid to boost investment fund choice for members.

The government has offered unions an improved accrual rate of 1/60th and more protection for workers approaching retirement in a concession on public sector pension changes.

The Environment Agency Pension Fund and six local government pension schemes have cut their consultancy costs through an innovative collective procurement process.

Local authority pension funds offer the best prospects for kick starting a nationwide house building initiative to solve the UK's house shortage, a think tank says.

Council scheme bosses slam cost-saving proposals as too complex for members