
Michael Johnson: A death spiral beckons for the Local Government Pension Scheme
This view is based upon cashflow, not nebulous concepts such as funding ratios, But the operational inefficiency of the scheme could be addressed in three simple steps.
This view is based upon cashflow, not nebulous concepts such as funding ratios, But the operational inefficiency of the scheme could be addressed in three simple steps.
And much of the £54 billion used to encourage saving is taken by the pensions industry
The average pension pot in the UK will generate just £1,300 of income per year in retirement.
We’re stuck with a 1950s system, complete with opaque charges, inflexible products and chaotic regulation.
Local Government Minister Brandon Lewis questions whether the fees councils are paying for managing their Pension Funds are value for… Read more »
The Cypriot banking crisis was big news back in March. As the island’s biggest banks teetered on the brink of… Read more »
Public sector pensions are seen as a threat to the sustainability of our public finances. They’re also a potential cause… Read more »
Glyn Gaskarth says if Council Taxpayers find out how much of their money goes on Council pension shemes their could… Read more »
Given that Cllr Ian Greenwood, the Labour leader of Bradford Council, is presiding over a secretive overspend of £4 million… Read more »
By Martin Parsons 1. The Association of Teachers and Lecturers (ATL) has become politicised. When I first qualified as a… Read more »
The Times reports (£) on The Treasury being lobbied by the trade unions and the Local Government Association over increasing… Read more »
Glyn Gaskarth laments that Lord Hutton favours retaining a centralised statist approach to public sector pensions The Independent Public Service… Read more »
One of the reasons why the West has been so successful in the last two or three centuries is because… Read more »
The BBC report a survey of local authoriy pension funds by John Ralfe – which concludes the deficit has now… Read more »