Last week, the government announced amendments to the LGPS regulations around the payment of exit credits, Richard Warden explores the implications for council pension funds.
A £30bn local government pension fund has threatened to halt investment in companies that fail to recognise the financial risks caused by climate change.
The transport provider FirstGroup has announced plans to consolidate its pension scheme assets within the Local Government Pension Scheme, in the first move of its kind by a private sector employer.
A probe into the competitiveness of pension investment consultancy firms could mean more regulation for organisations giving advice to local authorities but greater protection for clients.
Andrew Warwick-Thompson has been appointed chief executive of LGPS Central, which manages £40bn worth of assets for nine midlands-based Local Government Pension Scheme (LGPS) funds.
The Local Government Pension Scheme deficit has fallen £47bn to around £35bn, around half the level previously predicted, latest estimates from KPMG show.
The Supreme Court has ruled in favour of a Northern Ireland woman who was denied Local Government Pension Scheme benefits after her long-term partner died suddenly.
The leader of the UK’s largest local authority has claimed asset management fees paid by local government pension schemes are “sucking in” money that could be used to offset...
Local government pension schemes may have paid out as much as £9bn in fees to fund managers over the last decade, almost double the reported figures, according to the Centre for Policy Studies.
The infrastructure investment fund set up by Greater Manchester Pension Fund and the London Pension Fund Authority has expanded to include the funds that make up the proposed Northern Pool of LGPS...
Unison has warned the government that it would be acting unlawfully if it pressed the eight new Local Government Pension Scheme bodies to invest in infrastructure.
Council pension funds can do more to help promote ethical behaviour in the companies they invest in, which would benefit members as well as local residents.
CIPFA and Aon Hewitt have issued guidance on investment pooling governance arrangements for the authorities administering the Local Government Pension Scheme in England and Wales.
CIPFA is to launch guidance on the governance principles for local government pension scheme asset pools following the submission of formal collaboration plans to government.
Employers joining the Local Government Pension Scheme (LGPS) may underestimate the obligations involved, the Pensions and Lifetime Savings Association (PLSA) has warned.
The chair of a major LGPS asset pool has said there will need to be a “mindset change” across the sector as part of a government drive to spread the practice.
Unison has called for changes in the law to ensure the independence of local authority pension funds to take investment decisions in the best interest of their members.
Lancashire County Pension Fund and the London Pensions Fund Authority have confirmed discussions with other local government pension schemes to join their asset pool as it was approved by financial...
The government will need to make a formal response to a petition calling for a parliamentary debate on plans to merge council pension scheme assets, after it reached 10,000 signatures.
Employers in the Local Government Pension Scheme could face a cumulative £1bn increase in contributions from next year as a result of a valuation process that began last week, an analysis by...
Plans for a £33bn asset pool across 11 local government pension schemes have been formally launched following last month’s submission of an outline plan to government.
