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...
Pensions expert Michael Johnson has called on public sector pension schemes to “get on the front foot” and develop further reforms in the face of a “cashflow crisis”.
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...
Tackling local government pension scheme deficits should be the main focus for newly appointed local government secretary Greg Clark, according to a survey out today.
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...
The Local Government Pension Scheme is undergoing a number of changes, including greater scrutiny of valuation assumptions. Chief finance officers need to ask the right questions to avoid any...
