More than two-thirds of contractors who take on outsourced local authority services are unaware of potentially crippling pensions costs at the end of their contract, Punter Southall research reveals.
The consultant's poll of 14 organisations revealed a widespread lack of awareness that councils often use much weaker assumptions to assess LGPS pension values at the start of a contract than they ...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership for 12 months, providing you access to:
- 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
