Take up of a 50-50 option for members of local government pension scheme funds – which allows halving overall contributions – remains low but could rise with changes to pension tax next year. The ...

And Greater Manchester Pension Fund – the largest in the LGPS – said 101 out of its 112,292 members had taken the 50-50 option, as at January 2015. Lower-than-expected take-up could put financial ...