Proposals directing Local Government Pension Schemes to transfer assets into pools within two years are unrealistic and could “act against a fund’s own better judgement”, the LGPS Scheme Advisory...
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.
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 government’s announcement of mandatory pooling of local government pension schemes certainly made waves, but, three years on, how are the new mega pools shaping up? Karen Day reports.
