UK - Citizens face significant council tax hikes to fill a £28bn pensions deficit unless local government funding is increased, Lane Clark & Peackock (LCP) has warned.
According to research by LCP, council tax and business rates would have to rise by an average of 5% above inflation over the next few years to cover a £28bn pension shortfall in Local Government Pe...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders