News
Category: tell your members
Funding strategy statement consultation is now open
The Cambridgeshire Pension Fund has launched a consultation on changes to its funding strategy statement (FSS). The amendments to the FSS reflect the introduction of additional flexibilities for managing employer risk as a result of changes made by the government to...
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Local Pension Board Vacancies
West Northamptonshire Council is one of around 87 councils in the UK responsible for administering the Local Government Pension Scheme in its area. In 2014 the governance arrangements changed following a Government requirement for the creation of a Local Pension...
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Consultation on reforming local government exit pay bulletin
The Local Government Pension Scheme (LGPS) and stock markets
The Local Government Pension Scheme (LGPS) and stock markets There’s has been a lot of disturbing news lately about the fall in stock markets and the potential impact on defined contribution pensions. LGPS defined benefit pensions are not linked to stock market...
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Update on McCloud
When the Government reformed public service pension schemes in 2014 and 2015 they introduced protections for older scheme members. The Court of Appeal ruled that younger members of the Judges and Firefighters Pension schemes were discriminated against because the...
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Pension scam victims lost an average of £82,000 in 2018
Research from the Financial Conduct Authority (FCA) and The Pensions Regulator (TPR) says it could take a saver 22 years to build a pension pot of £82,000, which was the average amount victims lost to scams in 2018. Pension scams can start with an unexpected call,...
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