Lord Hutton

Professionals urged to lobby European counterparts

The introduction of Solvency II-type regime for schemes would be a "nightmare scenario" for Britain and kill off defined benefit provision entirely, politicians warn.

The government's proposed cuts to public sector pensions will not go far enough to plug the schemes' funding gaps, Labour peer Lord Hutton warns.

More than two million public sector workers, including local government pension scheme members, are staging a 24-hour walk out today over Lord Hutton's pension reform proposals.

Cabinet ministers are urgently reviewing proposals to merge the Local Government Pension Scheme into a single superfund to improve its governance structures, Professional Pensions understands.

Andrew Short looks at the number of threats to the cashflows of the Local Government Pension Scheme

Janice Turner says everyone should retire above the poverty line

Delays to ‘Fair Deal' changes are leading private employers to negotiate bad pension deals for new employees because of confusion over government plans, industry figures say.

Business leaders have criticised ministers for allowing union leaders to "hold a gun to the government's head" over public sector pension changes.

The government will allow the Local Government Pension Scheme to ditch Lord Hutton's proposals for a career average scheme and keep the final salary arrangements if it can justify it is "fairer" for members, a senior source close to government says.