All LGPS articles – Page 15
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Opinion
Should local authority schemes be forced to invest passively?
Pension schemes make investment decisions based on, among other things, their individual asset mix, desired investment outcomes, risk tolerance, liability profile and deficit level.
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News
How LGPS members are responding to collective investment reform
Advocates of public sector pension reform have warned that regional initiatives could 'water down' savings for local authority funds from planned changes to the Local Government Pension Scheme.
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News
Lothian adds benefit extension as it looks to upgrade online services
Lothian Pension Fund has extended its online member services to allow members to calculate the pension they would get under voluntary redundancy, as well as introducing a data transfer system for employers to ensure accuracy.
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News
WMPF to give Brum SMEs £40m boost as funds seek social impact
The West Midlands Pension Fund has set aside £40m for a direct lending fund to provide finance to small and medium-sized businesses in the Birmingham area, seeking a positive social impact alongside return.
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News
Wiltshire: Early engagement key to managing LGPS reform
The head of Wiltshire Pension Fund said early engagement has been crucial to its implementation of this year’s Local Government Pension Scheme reforms, as local authority decision-makers stress the importance of staff training.
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News
Local authority experts debate how to fireproof governance
Local authority scheme experts at Wednesday's National Association of Pension Funds' 2014 Local Authority Conference discussed greater separation in decision-making structures, or increasing guidance, as ways to improve governance.
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OpinionBoth sides declare triumph after National Express resolution defeated
Shareholders have voted against a resolution backed by UK schemes at National Express Group's annual general meeting this week, with spokespeople on both sides of the issue claiming victory.
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News
Isle of Wight hunts admin software to meet reform obligations
Isle of Wight Pension Fund is tendering for pensions administration software as its current infrastructure is set to be decommissioned, in a move expected initially to cost up to £267,000.
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NewsSchemes poised for shareholder action at National Express Group
UK local authority schemes are taking part in shareholder action tomorrow in a bid to change employment practices in the FTSE 250 National Express Group's US subsidiary, arguing they could pose a financial risk.
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Opinion
LPFA: Why the government has missed a trick on reform
On Thursday the Department for Communities and Local Government issued a consultation on the future of the Local Government Pension Scheme.
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Opinion
Industry reaction to £85bn active-passive LGPS shake-up
The Department for Communities and Local Government has proposed that £85bn held by the 89 local authority pension funds should be moved into a single passive investment vehicle, triggering immediate reaction from consultants and schemes.
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News
Waltham Forest invests in impact bonds for diversified returns
Waltham Forest Pension fund has invested in a £20.8m impact investment fund as it seeks to diversify its returns and support UK-based social capital projects.
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News
Kent ups property to benefit from stronger yields
Kent Pension Fund has decided to increase its exposure to property by almost 20 per cent to take advantage of attractive yields.
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News
LGPS given reform blueprint to cut costs
News analysis: Local government pension schemes are being called upon to increase governance and change investment structures to save taxpayers £1bn a year.
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Features
Berkshire revisits absolute return to boost performance
The Royal County of Berkshire Pension Fund is reevaluating the structure of its absolute return portfolio following the failure to achieve its benchmark target.
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Features
SPPA raising the bar on data precision
The Scottish Public Pensions Agency has initiated a project to benchmark its member data against quality criteria set out by the Pensions Regulator, to find more cost-effective ways of improving data accuracy.
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News
How Norfolk judges investment fee value
Norfolk Pension Fund underwent third-party benchmarking of its investment management fees earlier this year to ensure value, but has warned against a focus purely on cost over quality.
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News
Manager fee restructure lowers costs for LGPS
Hammersmith and Fulham along with Cardiff are among eight public sector schemes already benefiting from asset managers restructuring fees in response to the consolidation and costs debate.
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Features
GMPF to outsource property in investment reshuffle
Greater Manchester Pension Fund plans to outsource the management of its property portfolio in order to hit its 10 per cent asset allocation target, in a review of its external management arrangements.
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NewsNotts fund: stable investment ensures performance
Nottinghamshire Pension Fund has advocated a steady state investment strategy to improve efficiencies and reduce costs in the local government sector.