A county council has decided to write off more than £2m in overpayments made to retired members of its pension scheme, saying to recover them would not be cost effective.
A Local Government Pension Scheme pool that handles assets for 11 local government pension schemes has launched a second series of its private markets programme, including a distinct climate-related...
A United Nations official acted outside of his powers in advising Local Government Pensions Scheme funds to divest from companies linked to the Israel-Palestine conflict, a legal group...
Local government pension schemes face tough decisions on ridding themselves of any Russian investments, according to the secretary to the LGPS Scheme Advisory Board.
MPs have approved changes to a public pensions bill, allowing the government to issue guidance preventing investments that conflict with defence policies.
Norfolk County Council has been granted permission by a US court to file a class action lawsuit against tech giant Apple, over allegations of misleading revenue predictions.
The government faces four key challenges if it wants to meet its aim of getting Local Government Pension Schemes to step-up investment in regional economies as part of 'levelling up', says...
Changes to post-McCloud pension reforms will see more Local Government Pension Scheme members eligible for enhanced legacy benefits, putting a greater burden on administering authorities, according...
The government’s long-awaited 'levelling up' white paper is set to reveal a “new plan” for the Local Government Pension Scheme to invest billions of pounds in local projects, according to...
The Local Government Pension Scheme Advisory Board has updated its investment code to require cost breakdowns from third-party fund managers, in an attempt to improve transparency.
The administrative costs of Local Government Pension Schemes rose again last year, with one expert putting the rise down to due a rise in asset values.
The government's response to its consultation on the cost control mechanism for public pension schemes leaves a number of unanwered questions, says Barry McKay.
A decision by the government made this week for an economic check could make it harder for local government employers to meet pension obligations, according to an expert.
A London borough’s pension fund has moved £45m into a dedicated investment fund aimed at creating social and environmental benefits within the capital.
Scotland’s largest Local Government Pension Scheme has reported a suspected £300,000 fraudulent claim to the police, after it was revealed a deceased pensioner was receiving pay-outs.
The Government Actuary’s Department has proposed new measures to allow greater flexibility over action taken due to rises or falls in public pension fund costs.
The London Borough of Croydon is set to drop plans to transfer homes built by subsidiaries into its pension fund to help reduce employer contributions.
Around half of Local Government Pensions Scheme assets have been transferred to investment pools, despite a dip due to Covid-19, a senior civil servant said.
New government guidance will aim to improve reporting and transparency by Local Government Pension Scheme pools to bring them into line with international funds, a civil servant said today.
The government actuary’s assumptions on life expectancy will be critical in assessing the costs for the Local Government Pensions Scheme coming as it emerges from Covid-19, according to an industry...