A new report published by IF reveals the hidden liabilities in the Local Government Pension Scheme (LGPS). This threatens to become a major intergenerational issue because, unless urgent action is taken, the cost will be passed on to younger and future generations to pay. Here, in a brief summary, the report’s author, actuary Daryl Boxall,… Read more »
Daryl Boxall
The Elephant in the Room: Is it inevitable that the “DB Pension Promise” will be broken?
Pensions expert and IF supporter Daryl Boxall explains why Defined Benefit pensions are likely to prove unsustainable – and why younger generations may not want to carry the burden of funding them