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Difference implications
The differences are likely to reflect gaps in:
• pay - Analysis by the LGA in 2019 across local government employers indicated there was a mean gender pay gap of 6.1% and a median gender pay gap of 4.0% among certain local government staff. The GAD pension analysis also includes wider groups of LGPS members and employers, which may have different pay patterns from those considered by the LGA analysis • working patterns – such as the balance between men and women working part time and taking career breaks • other factors – such as rates of individuals opting out of LGPS membership.
GAD and the SAB are now doing further work to investigate and understand the pension differences described by the initial GAD report.
The full article can be found here.
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Over 20 industry organisations join to form the Pensions Equity Group Published: 1 June 2023 Emailed: 7 June 2023
A new group has been formed to tackle pension inequity across the UK, made up of 23 pension companies and organisations.
The Pensions Equity Group (PEG) will be chaired by Kim Brown, pension scheme director at Legal and General, and from other organisations is made up of:
Abrdn Aegon
• • • • • • • • •
Aon
Arc Pensions Law
Aviva
Barnett Waddingham Dalriada Trustees Hymans Robertson Legal & General
cipp.org.uk
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