The £392bn of assets held under the Local Government Pension Scheme should be harnessed to tackle chronic underinvestment in affordable and social housing, according to a leading think-tank.
A local government pension fund has criticised ministers’ decision to reject its proposal for pooling, arguing it has “blazed a trail” for responsible investment.
The government faces a warning that its plans for greater consolidation of LGPS assets risk weakening returns, as well potentially creating conflicts of interest and undermining democratic...
Major Local Government Pension Scheme consolidation is on the cards as part of a radical shake-up of the pensions market aimed at generating long-term investment.
Robustly analysing climate risks will be critical if local government pension scheme funds are to withstand intensifying regulatory pressure, local authorities have been told.
Higher investment returns across the Local Government Pension Scheme should not lead to reductions in employer contributions, despite sector-wide financial constraints, the Scheme Advisory Board has...
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...
Proposals mandating Local Government Pension Schemes to transfer their assets to pension pools in less than two years will be a challenge for officers, an expert has said.
A £700m fund for investment in emerging markets is hoped to help a Local Government Pension Scheme pool meet its net zero target and deliver sustainable returns.
Proposals to fix discriminatory Local Government Pension Scheme reforms are the right move but look set to cause administrative headaches for administrators, an expert has said.
Many Local Government Pension Schemes are in a stronger position than three years ago to meet future member benefits, pension advisors have said following the most recent valuations.
Government proposals to move the date for annual Local Government Pension Scheme valuations mere weeks before the valuations take place will create further administrative burdens for funds, experts...