FINANCE

Strip minister of fund controls, urges LPFA

The communities secretary should be stripped of direct control over local government’s £120bn pension scheme, to ensure the ‘wholesale reform’ of retirement funds necessary to secure the sector’s long-term future, a report has warned.

The communities secretary should be stripped of direct control over local government's £120bn pension scheme, to ensure the ‘wholesale reform' of retirement funds necessary to secure the sector's long-term future, a report has warned.

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