Croydon sets up asset-backed funding to reduce pension contributions

Stephanie Baxter
clock • 7 min read

An innovative funding structure has been agreed for Croydon Pension Fund. However, there are some concerns about the arrangement. Stephanie Baxter reports

An innovative funding structure that involves transferring a set of residential properties has been agreed for Croydon Pension Fund so the council can pay less in employer contributions. The ass...

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