Follows confirmation Kensington and Chelsea RBC will not have to pay pension contributions next year
Concerns about fewer individuals making decisions, member returns and sustainability
LCP has called for a review of contributions to help protect councils’ financial positions
LCP joins MyBigCareer as future makers partner
Bulk purchase annuity transaction secures the benefits of all scheme members
Deal covers the benefits for 406 current pensioners and dependents in the schemes
Bulk annuity transaction fully secures the benefits for all members of the scheme
L&G insures the benefits of around 1,200 members after working with the scheme for 12 years