The Local Government Pension Scheme (LGPS) deficit will keep on rising if funds continue to invest in gilts and bonds instead of infrastructure, London Pension Fund Authority deputy chairman Merrick Cockell has warned.
Speaking at the Future of the LGPS conference in London on 18 November, Cockell urged schemes to embrace infrastructure investment instead of relying on traditional, safe assets that move in line w...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership for 12 months, providing you access to:
- 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
