Scotland mulls merging or pooling LGPS funds

Stephanie Baxter
clock • 2 min read

The Scheme Advisory Board for Scotland's £42bn 11 local authority funds has proposed merging their liabilities, assets and administration into one or more asset vehicles as part of a major structural review.

It is one of four proposals the board is consulting on after finding the Scottish Local Government Pension Fund faces a number of "significant challenges" including deficits, investment costs, and ...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Join now

 

Already a Professional Pensions
member?

Login

More on Law and Regulation

Legal interpretation argues trustees can take broader view of fiduciary duty

Legal interpretation argues trustees can take broader view of fiduciary duty

Eversheds Sutherlands and NatWest Cushon say it is ‘reasonable’ for trustees to take cost of living factors into account

Jonathan Stapleton
clock 06 March 2025 • 3 min read
FCA private markets review raises valuation concerns

FCA private markets review raises valuation concerns

Regulator calls for improvements across several areas in process

Laura Miller
clock 05 March 2025 • 4 min read
SPP: Government must move forward with adequacy review

SPP: Government must move forward with adequacy review

Sophia Singleton says we need the review in order to be honest with savers about what lies ahead

Sophia Singleton
clock 17 February 2025 • 3 min read
Trustpilot