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Cost control mechanism - Hymans Robertson responds to consultation

09 Aug 2021

In June the Government launched a consultation on the future of the cost control mechanism across all public sector pension schemes, including the LGPS. The closing date is 19 August. Whilst the objectives underlying the proposed changes are sound, some of the proposed methods for achieving them fall into the ‘room for improvement’ category.

Our thoughts are set out in the formal response to the consultation. If you are planning on responding to this consultation, please feel free to use any of our content.

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Cost control mechanism - response to consultation

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