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Information for employers wishing to offer the LGPS
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Latest news
Pensions cold calling ban starts today!
Legislation to ban pensions cold-calling comes into force today, meaning that companies making unsolicited phone calls to people about their pensions face enforcement action, including fines of up to £500,000. The ban, introduced under the Privacy and Electronic...
Winter 2018 Employer newsletter
Changes to actuarial factors
In his latest budget, the Chancellor confirmed a reduction of the SCAPE discount rate from 2.8% above the Consumer Prices Index (CPI) to 2.4% above CPI. The SCAPE discount rate is used to determine the actuarial factors used across all of the public service pension...