Autumn Statement: Government publishes criteria for pooling LGPS into six funds

Stephanie Baxter
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The government has published criteria and guidance for pooling the Local Government Pension Scheme (LGPS) into six "British wealth funds" worth at least £25bn each.

Announced in today's spending review and Autumn statement, the Investment Reform Criteria and Guidance paper reveals the government wants the scheme's 89 separate funds to pool in order to "match" ...

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