experts debate public sector pensions post Hutton

29-10-2010

The future of public sector pensions following the Hutton report will be debated by a panel of experts at a major conference in November organised by the Chartered Institute of Public Finance and Accountancy (CIPFA).

Former Labour minister, Lord Hutton’s report, published earlier this month, made a strong case for higher contributions towards their pensions from public sector employees, the raising of the pension age beyond the current level and an end to final-salary pension schemes.

Delegates to the CIPFA Pensions Conference 2010 will hear the very latest on the outlook for public sector pensions from leading industry professionals during this critical moment in the development of the local government and wider public sector pensions policy.

Commenting on the conference, Nigel Keogh, CIPFA’s Pensions Adviser said:

‘This a good opportunity to examine Lord Hutton’s findings in the context of the CSR announcements. The government’s target of raising employee contributions in the pay-as-you go schemes by £2.8 billion over the next 4 years and the pressures that the funding settlements for local government and police forces will bring on employer contributions will play a large part in the outcome of this review’.

The CIPFA Pensions Conference 2010, entitled The future of public sector pensions on Wednesday 4 November 2010 to be held at Bloomsbury Hotel, London SE1 8DJ.

Speakers will include:

  • Ronnie Bowie, Hymans Robertson
  • Tamara Finkelstein, Secretary to the Hutton Commission
  • Joanne Segars, NAPF
  • Brian Strutton, GMB
  • Bruno Paulson, Morgan Stanley
  • Gavyn Davies, Risk and Opportunity for Public Sector Pension Schemes, Fulcrum Asset Management

For further information and to book a place, visit http://www.cipfanetworks.net/pensions/events/. Journalists are welcome to attend, please contact the CIPFA Press Office on the number below.

Ends

Contact: Guy Roberts/ Lindsay Machin / Chloe Forbes
CIPFA Press Office
t 020 7543 5712/5645/5787
e guy.roberts@cipfa.org.uk/ lindsay.machin@cipfa.org.uk / chloe.forbes@cipfa.org.uk

Notes to Editors:

About CIPFA

CIPFA, the Chartered Institute of Public Finance and Accountancy, is the professional body for people in public finance. Our 14,000 members work throughout the public services, in national audit agencies, in major accountancy firms, and in other bodies where public money needs to be effectively and efficiently managed. As the world’s only professional accountancy body to specialise in public services, CIPFA’s portfolio of qualifications are the foundation for a career in public finance. They include the benchmark professional qualification for public sector accountants as well as a postgraduate diploma for people already working in leadership positions. They are taught by our in-house CIPFA Education and Training Centre as well as other places of learning around the world. We also champion high performance in public services, translating our experience and insight into clear advice and practical services. They include information and guidance, courses and conferences, property and asset management solutions, consultancy and interim people for a range of public sector clients. Globally, CIPFA shows the way in public finance by standing up for sound public financial management and good governance. We work with donors, partner governments, accountancy bodies and the public sector around the world to advance public finance and support better public services.