Managing pensions risk in local authority outsourcing transactions
Resource type: Practice Note
This practice note considers how local authorities and contractors share risks and manage their obligations under the Best Value Direction 2007 and how they provide for this in the outsourcing agreement. The note provides links to a bulk transfer schedule and compulsory clauses in LGPS admission agreements. Some standard pensions clauses found in outsourcing agreements are set out at the end.
Paul Carney, Shoosmiths
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