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London Borough of Croydon Improvement and Assurance Panel: second report

London Borough of Croydon Improvement and Assurance Panel: second report
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Viability of Croydon s property-backed pension structure to be assessed after further valuations

Croydon s property-backed pension structure could be dropped

So far, DC plans have largely been focused on the onset of auto-enrolment and changes to the regulatory framework - be it the ‘charge cap, ‘pension freedoms or consultations around ‘value for money , says Annabel Tonry, Executive Director at J.P. Morgan Asset Management (JPMAM).Download In 2015 George Osborne, then the UK Chancellor of the Exchequer, decided that those age over 55 could take much more of their pension in cash. This has since opened up a range of possibilities for DC scheme members in the world of pensions.Download Find whitepapers

What companies does Oxford City Council own?

Oxford Town Hall GV general scene setter exterior view.20/01/2021.Picture by Ed Nix. OXFORD City Council has been given a clean bill of health in its ownership of several companies. An audit was carried out in light of several other councils falling into financial difficulties, either through launching companies, or due to culture and governance failings . The council owns three different companies: Oxford City Housing Limited, a housebuilding enterprise specialising in council homes; ODS, which is the former direct services department of the council, including bin collections and maintenance; and ODSTL, which is used to contract these services out to other organisations.

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