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11 Jan 16
The Local Government Association has acknowledged that deficits in the Local Government Pension Scheme are “challenging” for councils and has pledged to work with funds to introduce asset pooling in...
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18 Dec 15
Eight local government pension schemes across the Midlands have developed a plan to pool their assets into a £35bn single investment fund as part of government-backed reforms to the sector.
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18 Dec 15
The Local Government Pension Scheme risks running out of money to meet pension entitlements despite reforms intended to approve affordability, a report has warned.
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27 Nov 15
CIPFA has sounded a note of caution over government plans to establish six “British Wealth Funds” by encouraging Local Government Pension Scheme funds to pool their assets and increase...
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11 Nov 15
The West Midlands Pension Fund is the first public sector body to be awarded CIPFA’s Governance Mark of Excellence, which recognises excellence across seven core governance principles.
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28 Oct 15
The Local Government Pension Scheme spent a total of £12.1bn in 2014/15 against income of £15.2bn and management costs appear to have risen significantly, government figures revealed.
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7 Oct 15
Moves to create six British Wealth Funds from local government pension fund assets is an opportunity to improve governance across the sector, a senior figure told a CIPFA event at the Conservative...
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5 Oct 15
The assets of the 89 local government pension funds in England and Wales are to be pooled into six new British Wealth Funds as parts of efforts to overhaul infrastructure financing, Chancellor George...
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20 Aug 15
The summer Budget heralded the beginning of a new round of reform for the Local Government Pension Scheme. Funds are now working together in an effort to become masters of their own destiny
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14 Aug 15
Local authority pension schemes are preparing to make a reform offer to government after ministers called for ideas on how to cut costs in the sector.
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6 Aug 15
CIPFA has partnered with actuaries and consultants Barnett Waddingham to provide support and training for local pension board members.
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14 Jul 15
A partnership between two local government pension schemes to pool £10bn of assets represents the sector “taking its destiny in its own hands”, one of the leaders of the project has...
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2 May 14
A review of the Local Government Pension Scheme has ruled out mergers of the 89 funds in England, but has concluded that as much as £660m a year could be saved through greater use of common...
11 Jan 16The Local Government Association has acknowledged that deficits in the Local Government Pension Scheme are “challenging” for councils and has pledged to work with funds to introduce asset pooling in...
18 Dec 15Eight local government pension schemes across the Midlands have developed a plan to pool their assets into a £35bn single investment fund as part of government-backed reforms to the sector.
7 Oct 15Moves to create six British Wealth Funds from local government pension fund assets is an opportunity to improve governance across the sector, a senior figure told a CIPFA event at the Conservative...
5 Oct 15The assets of the 89 local government pension funds in England and Wales are to be pooled into six new British Wealth Funds as parts of efforts to overhaul infrastructure financing, Chancellor George...
6 Aug 15CIPFA has partnered with actuaries and consultants Barnett Waddingham to provide support and training for local pension board members.
14 Jul 15A partnership between two local government pension schemes to pool £10bn of assets represents the sector “taking its destiny in its own hands”, one of the leaders of the project has...
