This reduction is made possible due to the very strong performance of the pension fund over several years. “As a defined benefit scheme, the decision to reduce employer contributions will have no ...

Kensington and Chelsea Pension Fund's investment committee have voted for council pension contributions to be cut to zero ...

The £391bn Local Government Pension Scheme (LGPS) in England and Wales is running an £85bn surplus, according to analysis by pension consultancy firm Isio. It marks a significant improvement ...