Investment pooling

Pooling traditional defined contribution (DC) fund assets could lead to significantly larger retirement funds through better diversification and governance, Pensions Policy Institute (PPI) and Schroders research has suggested.

The infrastructure joint venture launched by Greater Manchester and the London Pension Fund Authority (LPFA) last year has grown to £1.3bn.

The UK should appreciate its defined benefit (DB) system and not make hasty reforms which undermine its sustainability according to the Trades Union Congress (TUC).

A set of guiding principles for governance of the local government pension scheme (LGPS) investment pools have been published.

The local government pension scheme (LGPS) pools have come under fire for not including member representation on governance boards to oversee the radical changes.

An all-party parliamentary group (APPG) has been created for the local government pension scheme (LGPS) to discuss pooling and increasing its investment in UK infrastructure.

Discussions are progressing on creating a UK infrastructure investment platform to sit alongside the main LGPS pools.

Hertfordshire has joined ten local administering authorities to pool their pension assets through A Collaboration of Central, Eastern and Southern Shires (ACCESS).

The government is to launch a national infrastructure investment platform for the Local Government Pension Scheme (LGPS) through pooling.