London Pension Fund Authority’s infrastructure ambitions are focused firmly on the capital, writes Naomi Rainey
Local authority leaders no longer consider pensions to be a major concern for their sector, according to an Ipsos Mori poll.
The annual cost of unfunded public sector schemes has increased since the introduction of the Hutton reforms according to figures from the Office for Budget Responsibility.
John Gray highlights the challenges presented by LGPS boards
Naomi Rainey looks at the arguments for and against merging local government pension scheme funds
A dispute over the liability for local government pension scheme contributions has caused the breakdown of a Croydon Council procurement exercise.
The government could see thousands of public and civil servants walkout in protest to cuts in pay, pensions and jobs following a yes vote to strike from the Public and Commercial Services Union.
Granting employers the authority to change schemes to mitigate the cost of ending contracting out will be a "very careful balancing act", the National Association of Pension Funds says.
The reduction in defined benefit schemes has resulted in an overall lower pensions coverage, research from Office for National Statistics shows.
The House of Lords has passed two amendments to the Public Service Pensions Bill which will secure equal representation for members and employers on scheme boards.