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...
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
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...
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...