More than two-thirds of contractors who take on outsourced local authority services are unaware of potentially crippling pensions costs at the end of their contract, Punter Southall research reveals.
The London Pensions Fund Authority has set out a three-step plan to help secure the long-term sustainability of the Local Government Pension Scheme.
Firms operating short-term local authority contracts could face crippling pension bills following the Local Government Pension Scheme's triennial funding valuation at the end of March, Eversheds warns.
The Greater Gwent Pension (Torfaen) Pension Scheme has invested £125m in a global equities mandate with Aberdeen Asset Management following a bfinance search.
The Local Government Pension Scheme's deficit could swell to £60bn this year if current trends continue, research from the Liberal Democrats reveals.
UK - The Local Government Pension Scheme's deficit could swell to £60bn (US$97.8bn) this year if current trends continue, research from the Liberal Democrats revealed.
Latest government guidance on admitted body status provisions in the Local Government Pension Scheme fails to give councils "clear steer" over risk-sharing, Punter Southall warns.
Alistair Darling's proposals to reform public sector pensions cover up a 45% hike in costs next year, independent pensions consultant Ros Altmann warns.
John Dickson of Hymans Robertson explains how schemes can take advantage of medium-term anomalies in order to boost returns
Ruth Bamforth of Eversheds rounds up some of the year's most interesting cases involving LGPS schemes