Proposed merger of West Midlands pension funds

The Ministry of Housing, Communities & Local Government publishes on its website:

“We are consulting on a proposal to merge the West Midlands Integrated Transport Authority Pension Fund into the West Midlands Pension Fund. The former fund no longer enrols new members and the merger should improve solvency and reduce financial risk. Members’ benefits would be unaffected and we will review the consultation responses before coming to a final decision.”

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