Owed funds form the largest proportion of deficit in last-man-standing scheme
Budget saw reduction in net financing needs leading to cut in DMO remit for issuance
London CIV is the first local authority pension pool to set a 2040 net-zero target
The fund will unlock new investment opportunities for the pool’s 11 partner funds
Government estimates low take-up of tax relief top-ups as savers to be asked to apply
Chancellor Rishi Sunak ruffles feathers by leaving glaring pensions issues on the sideline
Chancellor Rishi Sunak delivers his 2021 Autumn Budget and Spending Review
Unemployment forecast is downgraded in chancellor’s Autumn Budget
Government sets out plans to address low-paid anomaly in tax relief treatment
Consultation will aim to unlock investment while protecting savers