George Osborne's announcement that the department for communities and local government will bear £780m in cuts will increase the scrutiny on the affordability of local government pensions, Mike Woodall warns.
The chancellor today outlined where the axe would fall in the coalition government's £6bn "efficiency savings" drive, with the CLG second only to the department for business (£836m) in the initial ...
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
