Free Trial

Global Investor Magazine Copying and distributing are prohibited without permission of the publisher

Call for reform of UK state pension schemes

19 April 2010

The London Pension Fund Authority has published proposals to reform and secure the future of the Local Government Pension Scheme

Read more: London Pension Fund Authority Local Government Pension Scheme

The London Pension Fund Authority (LPFA) has published new proposals to reform and secure the future of the Local Government Pension Scheme (LGPS).

In a Green Paper, “A fair and affordable LGPS”, LPFA proposes the creation of an independent Local Government Pensions Commission with equal representation from those responsible for paying for the scheme (employers and taxpayers) and those who receive benefits from it (scheme members), under the chairmanship of an independent...