Investment pooling

As funds finalise their initial plans for pooling assets, two experts discuss the structural options.

PP looks at the local government pension funds' initial proposals for pooling

Three local government pension funds have submitted their initial pooling proposal to the government to demonstrate how they will work together.

The biggest stories on PP this week were warnings that decent retirement could mean working until age 85, and the risks to members from pooling the Local Government Pension Scheme (LGPS).

Pooling the Local Government Pension Scheme (LGPS) may not tackle the root causes of its deficit hole and members could be put at risk, according to the Pensions Policy Institute.

The £1.7bn Royal County of Berkshire Pension Fund is in discussions to join the investment pool set up by London Pensions Fund Authority (LPFA) and Lancashire County Council Pension Fund.

The top stories this week were the pensions regulator warning about new master trusts and revealing a big board shake-up, while the LGPS pooling picture became clearer.

Local government pension funds for South Yorkshire and Tyne & Wear have joined a collaboration group led by Cumbria, East Riding and Surrey to pool investments.

A group of local authorities have joined forces under a major project to tell the government how the local government pension scheme (LGPS) should be pooled.

Pooling the local government pension scheme (LGPS) into infrastructure-focused funds is mere tinkering and will not be enough to repair its deficit hole, according to Michael Johnson.