Government backs LGPS reforms but rules out mergers

 

If you can't see the Public Finance Daily email below click here to view the web version   News and comment from Public Finance - the official magazine of CIPFA   2 May 2014 | Public Finance Home | Contact us | Sign up         Ministers back LGPS reforms but rules out mergers A review of the Local Government Pension Scheme has ruled out fund mergers but concluded £660m could be saved through greater use of common investment vehicles. The Hymans Robertson study, commissioned by local government minister Brandon Lewis, found the cost of asset management was £790m in 2012...       News Treasury guidance to help councils make reform case A new government tool to improve the cost-benefit analysis of public service reforms could help councils make the case for local changes that improve provision and cut costs, according to a senior figure involved in its development... Further £2bn to be spent on school building, says Laws Schools minister David Laws has announced the government will spend £2bn on a second phase of its Priority School Building Programme in the six years from 2015... NHS needs cash boost to avoid crisis, King’s Fund warns Significant funds need to be poured into the NHS to avert a looming financial crisis, but must not be used to prop up unsustainable services, according to the King’s Fund... Unison makes bid for Acas talks in pay dispute Unison has urged council employers to enter into arbitration talks as the pay dispute in local government escalates... More news     Public Finance International IMF approves $17bn loan for Ukraine The International Monetary Fund has approved a $17bn two-year loan for cash-strapped Ukraine in a bid to keep its beleaguered economy afloat... More international news     Opinion Bad service? Blame the system, by Lord Bichard When things go wrong in public services, we blame individuals and rush for structural reorganisation. It’s better to focus on systemic change at a local level... Labour’s Big Idea on housing, by Alex Marsh Ed Miliband’s proposal to cap rent increases and introduce more secure tenancies in the private sector may be smart politics, but is it good economics? More opinion     Features Nigel Edwards interview, by Mike Thatcher With huge changes to NHS structures and culture, it’s an exciting time to be working in health policy. Nigel Edwards, the new chief executive of the Nuffield Trust think-tank, talks to PF about finance, fantasy solutions and control freaks... More features     Chief Finance Officer Sussex Police & Crime Commissioner      £77,000 pa Senior Auditor Reed Finance  £35,000 - £45,000 pa Head of Internal Audit Kent County Council  £71,550 to £90,357 (plus market premium supplement for exceptional candidates) Clinical Auditor Home Based (Training Birmingham) Capita Resourcing  £65,000 - £66,000 pa More public finance jobs Jobs: South East Jobs: North West Jobs: East Mid. Jobs: West Mid. More regions CIPFA Publications Events     Click here to unsubscribe from this email