Local Government Pension Schemes should make a significant push to reform complex governance arrangements to offer a more joined-up and coherent approach, according to experts.
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.