LGPS

Scheme managers expect that either funds or pools will face consolidation

Report shows no clear consensus among LGPS funds as to what defines local investment

Asset owners ‘no longer content’ to be passive participants

Pool set to manage £100bn with total number of partner funds to be 14

First Actuarial survey shows funding has increased from 83% in 2020 to 146% in 2025

Investment brings the pool’s social residential allocation to 35% of property portfolio

Union enters into formal dispute with Solent University over pension proposals

2024/25 statistics reveal 11.7% increase in expenditure and 5.2% increase in total income

Mayors and councillors to access LGPS under proposals

Torsten Bell told conference delegates to ‘keep engaging’ with the pension commissioners