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The Chancellor of the Exchequer and the Governor of the Bank of England jointly agreed to reduce the maximum authorised size of the APF. This was confirmed via a letter exchange on 28 April 2023.
First published during the 2022 to 2024 Sunak Conservative government
Employment Tribunal decision.
GAD has developed a retirement calculator designed to help public sector pension scheme members understand benefits options information in their pensions more clearly.
The letters exchanged between the Chancellor of the Exchequer and the Governor of the Bank of England confirm the increase in the limit of assets that the APF is authorised to purchase, financed by the issuance of central bank reserves.
First published during the 2019 to 2022 Johnson Conservative government
The Department for Education (DfE) has confirmed that the maximum Plan 2 and the Postgraduate loan interest rate will be 7.1% between 1 June 2023 and 31 August 2023.
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