LGPS funding shift could cripple admitted bodies

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Firms operating short-term local authority contracts could face crippling pension bills following the Local Government Pension Scheme's triennial funding valuation at the end of March, Eversheds warns.

The law firm said that while the results of the triennial actuarial valuation are unlikely to become clear until the end of the year, most are predicting a significant drop in the scheme's funding ...

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