Pension fund members reassured

Members of the Nottinghamshire Pension Fund, which is managed by Nottinghamshire County Council and includes a wide-range of public sector contributing employers across the county, are being reassured about their pensions in light of the current problems on the global stock market.

Chairman of the fund Michael Cox said: “The current dip in share prices will present issues, but it should be remembered that pension funds are investing over the long-term to pay benefits in fifty years time.”