SPP

SPP supports better LGPS access for mayors, but comments on access for outsourced workers

ACA, APPT and SPP among those pressing for alignment with launch of guided retirement

The SPP has responded the DWP’s consultation on collective defined contribution

Measure will make it easier for trustees and employers to agree surplus extraction

CPI-linked protections capped at 2.5% a year and will come into effect in January 2027

Measure will come into force from April 2029

SPP says government should consider ‘unintended consequences’ of legislation

Paper covers risk of releasing surplus, conflicts of interest and funding levels

AMNT says regulator must clarify framework and differentiate DB and DC priorities

Industry positive but says more detail needed in a number of areas