News

Predictions 1% of LGPS employees will opt out of the scheme if contributions rates increase are inaccurate and a result of Treasury failure to listen to stakeholders, employers say.

Senior local government officials have written to government minister Eric Pickles warning that maintaining a final salary link for past service in LGPS is unfair to local council taxpayers.

BT Pension Scheme is set to pour £100m into a custom-built carbon efficient tracker index fund developed by Legal & General Investment Management.

Government will launch a formal consultation on legislation to overhaul section 75 debt regulations over the summer, the DWP has confirmed to PP.

The Fair Deal policy for public sector workers should be maintained due to its success in preventing industrial action, the GMB union told delegates.

Rental growth in London's Midtown office market outperformed both the City and West End last year, exceeding the UK office average by 5.6 percentage points, research shows.

Institute and Faculty of Actuaries president Ronnie Bowie has urged the Treasury to abandon plans to raise local government pension scheme contribution rates, saying members faced an "impossible cost".

Establishing a cap on the amount taxpayers contribute to public sector pensions will lead to more risk-averse investment strategies, delegates heard.

GP speaks to global asset managers about where they see opportunities arising from the recovery.

UK - Warwickshire County Council pension fund has been forced to take a £5m ($8m) loan to fill a cash shortfall after austerity measures put a strain on its cash flow.