Pensions
Pensions chairman surprised at preparedness findings
The chairman of the Local Government Pension Scheme (LGPS) advisory board has expressed surprise at a survey that found most funds unprepared for a major change.
Councillors reject fossil fuel pension divestment
Wrexham CBC has voted down a motion to pressure a pension fund into shifting investment away from firms dealing in carbon fuels.
Strathclyde in divestment threat
Scotland’s largest local government pension fund will drop investments in fossil fuel firms that fail to act on the climate emergency.
Pension funds urged to play levelling up role
Local Government Pension Scheme (LGPS) funds could provide a £16bn boost to levelling up the country, according to a new report.
Pension fund signs up for retirement planning scheme
A local authority pension scheme has signed up to help drive a national conversation about retirement planning.
Storm brewing over exit payment data demands
Government demands for details of senior staff pay-offs have been branded ‘particularly pernicious’ and unfairly aimed at local government.
Council pension funds invest nearly £10bn in fossil fuels
Nearly £10bn of local government pension funds are still invested in fossil fuels, new research has found.
Back to the future for Big Bang of the North
A new study on levelling up the North sounds like a return to urban development corporations, says Michael Burton.
Split emerges as exit pay cap case approaches
Divisions have emerged between the Local Government Association (LGA) and groups challenging the exit pay cap.
White van man on... pensioners
Now all these old people have got their vaccines it’s time they did something useful and I don’t mean booking a Saga cruise.
High Court to hear four exit pay cap legal challenges
Another trade union has been granted permission to challenge the public sector exit pay cap at the High Court.
Exit pay cap judicial review hearing granted
A judicial review hearing into the public sector exit pay cap will take place in March.
Getting up to speed on the exit payments cap
Partner at Ashfords LLP Charles Pallot takes a look at the cap on public sector exit payments for local authorites and how it works with LGPS strain payments.
Exit pay cap legal proceedings begin
Council workers face an anxious wait as legal proceedings have been formally launched against the Government over its exit pay cap.
S151 officers warned off pensions roles
Section 151 officers have been discouraged from taking on new pensions governance roles.
Pension funds' plea for employer help
An appeal has been made to local government employers to help pensions staff facing an administrative mountain.
COVID volatility hits LGPS value
The market value of the Local Government Pension Scheme plummeted by £15bn in the last financial year.
Welsh may escape exit pay cap
Welsh workers could be spared from the Government’s strict public sector exit pay cap.
Exit cap signed into law
The £95,000 cap on public sector exit payments was signed into law last night and will come into force on November 4.
Oldies but goodies
OK, Sunderland, your card is marked. Diary is well aware that it hasn’t been easy for you and the other authorities in the North East. As a region, you’ve been a little distracted by the whole COVID thing, but that is no excuse …
