Local Government Pension Scheme

The LGPS Access local authority pool has received approval from the Financial Conduct Authority (FCA) for its global equity sub-fund.

The University of Manchester is consulting on closing its non-academic staff final salary fund to future accrual and enrolling new recruits into a defined contribution (DC) scheme.

Brunel Pension Partnership has selected MSCI to provide benchmark data for £10bn of its equity allocation.

The Brunel Pension Partnership has transitioned £6bn of local government pension scheme (LGPS) assets to Legal & General Investment Management (LGIM).

The London Borough of Lambeth Pension Fund has signed up to a £42m private-rented sector investments strategy with Invesco Real Estate.

Local government minister Rishi Sunak says his department's priority is to make a success of local government pension pooling, warning there is no room for complacency.

Prudential is to slash the size of its corporate defined contribution (DC) pensions business as it moves to purely online- and telephone-based services, Professional Pensions can reveal.

The £28bn Brunel Pension Partnership has opened a tender for active equity managers to oversee around £1.8bn of the pool's assets.

In this week's Pensions Buzz, we want to know whether you believe defined benefit (DB) 'superfund' consolidators will take off, and if there will be further consolidation of local government pension scheme pools.

State Street Global Advisors (SSGA) and Jupiter Asset Management have become the latest firms to sign up to the Local Government Pension Scheme's (LGPS) code of transparency.