All LGPS articles – Page 16
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FeaturesAvon fund upgrades software to reduce data risk
Avon Pension Fund has implemented a new software system to gather member information from employers in order to reduce the risk of errors, as it moves to fully electronic reporting.
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FeaturesTyne and Wear considers discount rate change to improve funding
Tyne and Wear Pension Fund has considered changing the way it sets the discount rate used to calculate its liabilities, to prevent its funding level falling and large increases in employer contributions.
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News
Gwynedd presents merger plans to boost returns
News analysis: Gwynedd County Council Pension Fund has taken steps towards establishing a common investment vehicle with other Welsh schemes, as public schemes investigate consolidation to provide savings and higher investment returns.
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Features
Hampshire fund pursues tactical asset allocation
Hampshire Pension Fund has created a new tactical asset allocation portfolio funded from reserves that were temporarily invested in equities.
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News
LPFA adopts ALM to boost investment dynamism
The London Pensions Fund Authority is in the process of developing an asset-liability model the scheme hopes will improve its dynamic approach to risk and investments.
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News
NESPF payroll shift cuts 25% from processing time
North East Scotland Pension Fund has implemented an integrated payroll system to provide a more accurate and timely way of paying out benefits to members.
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NewsShropshire boosts passive equities to reduce costs
Shropshire County Pension Fund will become the latest local authority scheme to increase its passively managed equity allocation in order to reduce its investment management fees.
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News
How Berkshire is reducing volatility in African investments
News analysis: The Royal County of Berkshire Pension Fund has sought safety in spreading its African investments across the continent, in an attempt to reduce volatility and boost returns.
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News
Local govt funds swap 'Care' title to explain reform
Local government pension schemes have decided to use ‘account’ rather than Care when communicating their reformed scheme structure to avoid negative associations.
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NewsStrathclyde keeps local focus for property investments
Strathclyde Pension Fund has established a property fund that will make investments of less than £10m in local commercial real estate.
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Features
Cambridgeshire diversifies fixed income to up yield
Cambridgeshire Pension Fund outperformed in 2012/2013 after a restructure of its fixed income investments saw it buy European loans to increase yield and protect itself against rising interest rates.
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News
Chiltern funds target £2.5m merger saving
Oxfordshire, Buckinghamshire and Berkshire councils are in preliminary talks about merging their pension funds in an attempt to save £2.5m a year, as more local authority schemes club together to reduce costs.
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Features
South Yorkshire bucks trend with equity allocation
South Yorkshire Pension Authority has increased its allocation to equities over the past three years, concluding that stock selection within its equity portfolios helped it produce positive returns against the benchmark.
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News
Isle of Wight disinvests equities to pursue DGF approach
Isle of Wight Pension Fund is removing 15 per cent of its allocation to UK equities and redirecting it into a diversified growth fund in an effort to maintain performance and lower volatility.
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Opinion
Why pooling local govt funds would boost fees battle
Local authority pension funds have been attracting a high degree of interest of late. And rightly so.
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Features
Essex reduces auto-enrolment costs with transitional delay
Essex County Council opted for a transitional delay to spread costs and reduce work ahead of its employers’ staging date, as a substantial proportion of workers were not scheme members.
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News
Derbyshire reduces auto-enrolment comms burden
Derbyshire County Council has taken steps to reduce its auto-enrolment communication costs, from record-cleansing to communicating through employers, as local authority schemes look to manage the cost of the reform.
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Features
Bedfordshire offers representation for academies
Bedfordshire Pension Fund has decided to offer academies “observer” status on its pension committee, with the schools representing a growing and increasingly scrutinised proportion of local authority scheme membership.
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News
Lothian to reduce 'suboptimal' market cap exposure
The Lothian Pension Fund is to reduce its reliance on market capitalisation-based equity indices and increase investment in global portfolios, in order to boost performance and reduce volatility for members.
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News
Wandsworth eyes collective investment lead
Wandsworth Council Pension Fund has set its sights on leading a London-wide collective investment vehicle to drive down costs, rather than a forced merger, pensions committee documents have revealed.