Five local authority pension funds have launched a £250m ‘investing for growth' initiative, aimed at boosting returns and delivering "positive" economic impact.
The Local Authority Pension Fund Forum has appointed Councillor Kieran Quinn as its chairman.
Mercer has been appointed by the Merseyside Pension Fund to advise on the manager selection process for a passive investment mandate of up to £1.5bn.
Merseyside Pension Fund has launched a dedicated website for Local Government Pension Scheme members to educate and engage them on plans for a new career average scheme.
Schemes have urged FTSE Group to increase entry requirements for admittance to its listed stock exchanges to boost minority shareholder safeguards.
Cabinet ministers are urgently reviewing proposals to merge the Local Government Pension Scheme into a single superfund to improve its governance structures, Professional Pensions understands.
Andrew Short looks at how pension funds can get involved in infrastructure investment
The £10m publicity drive for auto-enrolment could tempt council pension scheme members to opt-out and move into "inferior, cheaper alternatives", the Merseyside Pension Fund warns.
UK/EUROPE - The £4bn ($6.6bn) Merseyside Pension Fund has made an infrastructure allocation to AMP Capital's Strategic Infrastructure Trust of Europe.
The £4bn Merseyside Pension Fund has made an infrastructure allocation to AMP Capital's Strategic Infrastructure Trust of Europe.