News briefing: Warnings over academy trust pension deficits
Monday 17 October 2016 9:19 AM
School types: Academy · School phases: All
Public sector pension deficits could cause significant issues for academies’ finances, auditors have claimed. The fallout from the Brexit vote has reportedly increased academies’ pension fund deficits by between 75% and 100%, and trusts may have to cut staffing costs to make up the shortfall.
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