A working group of 24 local authorities has called for the creation of a national infrastructure investment platform for council pension schemes as part of government reforms to the sector.
Information has begun to emerge on how LGPS assets might be pooled into British wealth funds to boost infrastructure investment ahead of the deadline for submissions.
The Local Government Association has acknowledged that deficits in the Local Government Pension Scheme are “challenging” for councils and has pledged to work with funds to introduce asset pooling in...
Eight local government pension schemes across the Midlands have developed a plan to pool their assets into a £35bn single investment fund as part of government-backed reforms to the sector.
The Local Government Pension Scheme risks running out of money to meet pension entitlements despite reforms intended to approve affordability, a report has warned.
The Local Government Pension Scheme spent a total of £12.1bn in 2014/15 against income of £15.2bn and management costs appear to have risen significantly, government figures revealed.
Full devolution of business rates to local authorities is set to lead to an increase in council debt levels as they look to borrow to invest in business development, Moody’s has concluded.
Michael O’Higgins, former chair of the Pensions Regulator, has been appointed to chair the Lancashire County Pension Fund and London Pension Fund Authority's investment partnership.
Councils in England and Wales have now recovered another portion of the more than £1bn in deposits that was lost when the Icelandic banking system collapsed in 2008.
The ongoing fiscal squeeze is encouraging public bodies of all shapes and sizes to reassess how they use, and might benefit from, the properties on their books
Higher than expected borrowing by local authorities has led to an upward revision of the public sector deficit in the first four months of the year, figures released by the Office for National...
The London Borough of Croydon is to receive £102m from the European Investment Bank to improve schools across the borough, the first time that an EIB loan has been agreed for this purpose.
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
As austerity has pushed down on public services, a plethora of risks and uncertainties have popped up in response. A recent Public Finance roundtable debated the issues at stake
The government has begun the process that will sell off the taxpayers’ stake in the firm leading a major redevelopment project in King’s Cross in London.