LGPS pooling

The local government pension pools for the South West and Midlands are actively hiring senior managers to lead and develop the innovative structures.

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

As the LGPS funds embark on the challenging process of pooling, there is much to be learned from the experience of their peers across the globe, writes Stephanie Baxter.

Andy Todd discusses the opportunities asset pooling brings for local government funds

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.

Fresh government guidance asks LGPS funds to have ESG policies but this could be at odds with their requirement to act in line with UK foreign and defence policies. Stephanie Baxter asks whether it is cause for concern.

The government has published guidance for the Local Government Pension Scheme (LGPS) on producing and maintaining an investment strategy statement (ISS).

JLT Employee Benefits and Alpha FMC have been chosen to help develop the business case for the Brunel Pension Partnership (BPP) investment pool.

Bfinance has been appointed to provide investment advice for ten south west Local Government Pension Scheme (LGPS) funds which make up the Brunel Pension Partnership (BPP).