A probe into the competitiveness of pension investment consultancy firms could mean more regulation for organisations giving advice to local authorities but greater protection for clients.
Andrew Warwick-Thompson has been appointed chief executive of LGPS Central, which manages £40bn worth of assets for nine midlands-based Local Government Pension Scheme (LGPS) funds.
The Local Government Pension Scheme deficit has fallen £47bn to around £35bn, around half the level previously predicted, latest estimates from KPMG show.
The Prudential Code, which guides local authorities’ capital borrowing, is no longer fit for purpose in Scotland’s changed economic and fiscal climate and should be replaced by a shared system of...
The leader of the UK’s largest local authority has claimed asset management fees paid by local government pension schemes are “sucking in” money that could be used to offset...
Local government pension schemes may have paid out as much as £9bn in fees to fund managers over the last decade, almost double the reported figures, according to the Centre for Policy Studies.
The infrastructure investment fund set up by Greater Manchester Pension Fund and the London Pension Fund Authority has expanded to include the funds that make up the proposed Northern Pool of LGPS...
The government has confirmed plans to abolish the 223-year-old Public Works Loan Board and transfer its functions for lending to local authorities to the Treasury.
Unison has warned the government that it would be acting unlawfully if it pressed the eight new Local Government Pension Scheme bodies to invest in infrastructure.
Plans for local government bond issuances could be “supercharged” if the Treasury provides backing to municipal authorities as part of efforts to boost investment, the leader of England’s largest...
Council pension funds can do more to help promote ethical behaviour in the companies they invest in, which would benefit members as well as local residents.
CIPFA and Aon Hewitt have issued guidance on investment pooling governance arrangements for the authorities administering the Local Government Pension Scheme in England and Wales.