All government articles – Page 3
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FeaturesSchools and colleges warn of ruinous £1.1bn pension hike as DfE consults
The survival of some state schools, colleges, universities and independent schools is threatened by the £1.1bn rise in the employers’ contribution to the Teachers’ Pension Scheme from 1 September 2019.
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News
Health secretary in talks with chancellor over pensions tax relief
On the go: Matt Hancock, the secretary of state for health and social care, is in discussions with the chancellor over the issue of pensions tax relief and the impact it has on GP retention.
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News
100 schools could close as a result of pension hike
On the go: A massive rise in the employer contribution to the Teachers' Pension Scheme could lead to the closure of 100 prep schools, according to the special education website TES which first warned of the approaching crisis for the independent schools sector last month.
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News
Dromey: Government can use HPE contracts for pensioner justice
The shadow pensions minister has called on ministers to leverage lucrative contracts it awards to Hewlett Packard Enterprise to persuade the company to protect pensioners who are seeing their benefits eroded by inflation.
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NewsCarillion collapse leaves scheme facing PPF
Contractor Carillion has entered into compulsory liquidation, with its 28,000 defined benefit pension scheme members set to transfer into the Pension Protection Fund, at a potential cost to the lifeboat of more than £587m.
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FeaturesTeachers’ Pensions gets slammed over admin
Teachers’ Pensions, which runs the Teachers’ Pension Scheme, has been criticised by its members over its perceived poor service delivery, as experts highlight the limitations of relying on online servicing.
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News
Discrimination, indexation and tax relief's survival: Top law and regulation stories from 2016
Year in review: As if Brexit didn’t pose enough challenges, regulators, lawyers and two successive pensions ministers have had a lot on their plate in 2016.
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Features
Oxford University Press tackles pensions fraud with data matching
The Oxford University Press pension scheme has volunteered to take part in the Cabinet Office’s National Fraud Initiative data matching exercise to help detect and prevent benefit fraud.
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News
DC schemes drown in regulatory change and jargon
Trustees of occupational defined contribution pension schemes are increasingly failing to meet governance requirements due to excessive regulatory change, a panel of industry figures has said.
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Features
MyCSP issues bring home admin transfer risk lessons
The National Audit Office has called on civil service pension scheme MyCSP and the Cabinet Office to increase employer involvement in a report examining problems with the scheme’s transition to in-house administration.
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News
Civil service employers face increased contributions after discount rate cut
Participating employers of the Principal Civil Service Pension Scheme will face an increase in their pension costs, due to a reduced discount rate, following government efforts to control public spending.
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Features
Civil service payout shows need for comms care
The Principle Civil Service Pension Scheme was forced to pay one former Pension Protection Fund worker compensation following incorrect information in the scheme's booklet, the Pensions Ombudsman has ruled.
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