CDC will lead to rethink of scheme governance, decision-making and member comms
HMRC confirms those under minimum pension age will see IHT applied on their pots
Bulk annuity transaction secures the benefits for all 156 members of the scheme
Funding ratio rises to 127.7% on a section 179 basis after long-dated bond yields increased
Aggregate surplus at around £211bn, a monthly increase of £5bn
Move will create pool with around £110bn of investments across 18 partner funds
Framework provides guidance for investors on how to manage AI-related risks
Analysis of DWP figures shows 63% of flexible payments were made to those under the age of 65
Transaction secures the benefits of 15,000 pensioners and 21,000 deferred members
Experts say the proposals should help with reducing the gender pensions gap in the LGPS