FINANCE

The new Fair Deal – what we need to know

Last October the Government issued guidance on new arrangements for how pensions are to be managed when public services are outsourced. Fuat Sami examines the implications

The new Fair Deal finally announced in October last year represents a major departure from the previous policy on how pensions are handled on public sector outsourcings.

The policy opens the doors of public sector schemes (in many cases for the first time) to private employers.

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