PP survey finds industry mainly welcomes government’s proposals to consolidate LGPS
Industry experts says consolidation into megafunds presents ‘complexity’
Concerns about fewer individuals making decisions, member returns and sustainability
Industry hits out at lack of proposals for private sector DB surpluses
Chancellor’s Mansion House speech, TPR DB Funding Code, Utmost enters BPA market
Proposals on DC default funds and contractual overrides as well LGPS consolidation
Shifting allocation decisions away from local control could compromise LGPS autonomy
Chancellor unveils ‘biggest pension reforms in decades’
Jasmine Urquhart asks how a Canadian model could be implemented and how the LGPS could help
Barnett Waddingham says Mansion House will be ‘watershed’ moment for the LGPS