Newham Council's SPV plans called in by scrutiny committee

Stephanie Baxter
clock

Plans to release public funds on setting up a special purpose vehicle (SPV) for Newham Pension Fund have been called in by the council's overview and scrutiny (OS) committee following concerns.

Further work and spending on the alternative financing proposal has been put on hold while it is considered by the committee. It follows the decision by the mayor Robin Wales, in consultation wi...

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 Defined Benefit

Aon predicts further rise in UK BPA market for 2025

Aon predicts further rise in UK BPA market for 2025

Consultancy predicts total volume of BPA business in 2024 to be between £45bn and £50bn

Jasmine Urquhart
clock 28 January 2025 • 2 min read
Average time to buyout falls to 4.6 years, Barnett Waddingham finds

Average time to buyout falls to 4.6 years, Barnett Waddingham finds

Barnett Waddingham End Gauge Index measures aggregate surplus at £63bn

Jasmine Urquhart
clock 22 January 2025 • 1 min read
Average DB transfer complainant to receive no compensation

Average DB transfer complainant to receive no compensation

Broadstone’s DB Redress Tracker shows typical redress compensation continues to fall

Jasmine Urquhart
clock 09 January 2025 • 1 min read
Trustpilot