Changes to actuarial factors

Changes to actuarial factors

In his latest budget, the Chancellor confirmed a reduction of the SCAPE discount rate from 2.8% above the Consumer Prices Index (CPI) to 2.4% above CPI. The SCAPE discount rate is used to determine the actuarial factors used across all of the public service pension...
Pensions scams on the rise, again!

Pensions scams on the rise, again!

Analysis by AJ Bell, of figures from the City of London Police, has revealed that £51m has been lost to fraudsters, so far this year. The figures show that people’s pensions are the most common target of scams, with the average age of the victim being 57 years. AJ...
Welcome to your new employer hub

Welcome to your new employer hub

You’ll have noticed that things look a little different around here. We’ve listened to your feedback and over the last few months we have worked hard to develop something with a more practical and user friendly design, making the website even more helpful and easier...
Members survey for LGPS 50/50 section

Members survey for LGPS 50/50 section

The LGPS scheme advisory board are looking into the low take up of the 50/50 section of the scheme and have produced an online survey. Send members to 50/50 Scheme Member Survey to take part. The survey will run until the end of July – please encourage your employees...