Could improve ‘fairness and sustainability’ of LGPS and other public schemes
LGPS pool saved two partner funds a total of £3.5m in a single transaction
Bill will remedy discrimination against younger members following McCloud judgment
Scottish local authority fund remains heavily invested in equities for 89,000 members
Only reformed schemes will be covered as the corridor is widened to 3%.
Border to Coast Pensions Partnership is seeking a further one or two external managers for its UK-listed equity alpha fund.
West Midlands Pension Fund (WMPF) has become the first Local Government Pension Scheme (LGPS) “friend” of the Pension and Lifetime Savings Association’s (PLSA) Retirement Livings Standards.
Local Government Pension Scheme (LGPS) teams are under more administration pressure than ever with the raft of regulation and legislation such as McCloud, according to a Pensions and Lifetime Savings Association (PLSA) panel.
While the short-term impact of Covid-19 on liabilities in the Local Government Pension Scheme (LGPS) is likely to be relatively modest, the long-term impact is likely to be greater, according to the Scheme Advisory Board (SAB).
Professional Pensions rounds up some of the latest tender awards from across the industry.