Changes to civil service pension schemes will make significant savings but its value for money over the long term has not been established, the National Audit Office says.
It said the Treasury and employers failed to agree the long term role of pensions in recruitment and retention of staff - so it is impossible to gauge the value of the 2007/2008 changes. Civil s...
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
