In the latter months of 2018, the Government announced that employer contributions to the (TPS) would need to increase by 40%, from 16.48% to an estimated 23.6% of employee earnings. For 2019/2020, the Government proposes providing funding to help foot the £830m bill for such increases. However, as with many things political at the time of writing, there is still an element of uncertainty for the future.
If you would like to contribute to the discussion, please do participate in the Government’s newly launched consultation process on the issue. It is important that the Government hears from as many stakeholders as possible so as to inform and affect decisions that are made which may have serious ramifications for school budgets in the years to come. Consultation closes on 12th February 2019.
If you would like to contribute, please follow this link. A copy of the consultation document can be found here.
For more information on this briefing, please contact Katherine Sinclair or Doug Mullen.
Providers need to be alive to the risk of contractors becoming insolvent and how to limit the resulting inevitable disruption.
Housing associations must continue to deliver core functions effectively and compliantly notwithstanding the uncertainty over the standards to which you will be held in the future.
Over the last few years the meaning of “asset management” has changed from being all about repairs to understanding that assets might not stay in an organisation forever.
The Grenfell Tower tragedy has understandably prompted a fundamental reconsideration of how building safety is approached for High-Rise Residential Buildings.
Results from the latest three-yearly valuation of the Local Government Pension Scheme (LGPS) are starting to trickle through.
The potential for Brexit with or without a deal causes uncertainty, and credit rating agencies do not like uncertainty.
Let’s face it, Wills are underappreciated and often overlooked. In fact, around 54% of the British public do not have one!
A recent case throws light on the scope of the exemption for “land transactions” from the need for an OJEU tender process.
A leaked report into maternity services at the Shrewsbury and Telford Hospitals NHS Trust revealed by The Independent has been described as the “largest maternity scandal in NHS history”.
The Pensions Regulator is showing its determination to improve the prudent management of Local Government Pension funds by digging deep into the internal workings of these funds.
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