FINANCE

Pension schemes 'half way there' on McCloud

Four out of five council pension schemes have collected more than half the data needed to implement the McCloud reforms designed to tackle age discrimination, Smith Square has claimed.

Four out of five council pension schemes have collected more than half the data needed to implement the McCloud reforms designed to tackle age discrimination, Smith Square has claimed.

A recent survey of administering authorities undertaken by the Local Government Association's (LGA) pensions team showed about 20% have collected all the data they need for McCloud and 60% have collected between 51% and 99%.

Dan Peters

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