All Local Government Pension Scheme (LGPS) articles – Page 2
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Opinion
Editor's notes: Mega challenges to get to megafunds
Are the “biggest set of reforms to the pensions market in decades” the right path for the government to pursue? Pensions Expert editor Nick Reeve looks into some of the detail of the consultations announced last week.
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News
LGPS consolidation: A 2026 deadline and business model shake-up
Local Government Pension Scheme (LGPS) pools face a significant shake-up to their operating models under proposals published this week by the Ministry of Housing, Communities and Local Government.
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News
Government plots LGPS consolidation through Pension Schemes Bill
Chancellor Rachel Reeves has announced plans to merge local authority pension funds into a “handful of megafunds” to boost their capacity to invest in infrastructure and local assets.
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News
Is bigger really better? Industry reacts to ‘megafunds’ plan
Chancellor Rachel Reeves has been urged to support trustees’ fiduciary duty and ensure there are sufficient UK assets for her planned “megafunds” to invest in.
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News
LGPS consolidation: Warning over loss of investment autonomy
With the chancellor set to announce plans to accelerate consolidation among local government pensions, industry commentators say care should be taken to secure progress already made.
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News
What the LGPS expects from the Mansion House speech
With chancellor Rachel Reeves set to deliver her first Mansion House speech this week, the pension sector is buzzing with speculation about the future of the Local Government Pension Scheme (LGPS).
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News
LGPS update: Border to Coast invests in UK clean energy
Border to Coast has made the first investment from its UK-dedicated investment portfolio launched earlier this year, while ACCESS has reached £50bn in pooled assets.
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People News
West Yorks CIO Kalisperas to lead British Business Bank’s investment drive
Leandros Kalisperas is to leave the West Yorkshire Pension Fund to become the British Business Bank’s first chief investment officer.
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News
Tyne & Wear, Teesside to create admin ‘centre of excellence’
The Tyne & Wear and Teesside pension funds have agreed a partnership to establish a shared administration function.
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Opinion
Why the LGPS doesn’t need to be forced to buy UK
Rachel Reeves is considering a “Canadian” model for local government pensions investment. GLIL’s Ted Frith supports the idea of galvanising UK infrastructure investment but argues that the mechanism to achieve this already exists.
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News
LAPF Investments Awards: The winners revealed
Essex, Sutton, West Midlands and Border to Coast were among the big winners at last night’s LAPF Investments Awards.
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News
LGPS update: ACCESS, LGPS Central allocate to real estate strategies
The ACCESS asset pool has appointed Orchard Street Investment Management to run a £100m impact real estate strategy on behalf of its 11 partner funds.
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People News
Appointments: Border to Coast adds three senior staff
The latest hires, promotions and appointments for the week ending 6 September 2024.
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News
10 questions that will shape the Pensions Review
The government has published 10 questions designed to inform the first phase of the Pensions Review.
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News
LGPS latest: ACCESS seeks direct lending managers
The £45bn ACCESS Local Government Pension Scheme (LGPS) pool has launched a search for managers for two senior secured direct lending strategies worth a combined £350m.
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News
Government sets out scope of first phase of Pensions Review
The government has published its terms of reference confirming the scope of the first phase of the planned Pensions Review.
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News
Wales pool awards £2bn property mandate to Schroders
Wales Pension Partnership, the asset pool for the country’s eight Local Government Pension Schemes (LGPS), has appointed Schroders to run a major real estate mandate.
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Features
Are Canadian pension funds the right template for the LGPS?
The chancellor wants UK pension schemes to learn from their Canadian counterparts when it comes to investing in UK infrastructure. But Canadian schemes are themselves under pressure for a perceived lack of domestic investment.
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News
LGPS urged to deploy record £45bn funding surplus
The Local Government Pension Scheme ended the first half of 2024 with a record £45bn funding surplus, according to Isio.
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News
‘Fragmentation and waste’: Government sets sights on LGPS
The government has targeted a reduction in “fragmentation and waste” within the Local Government Pension Scheme (LGPS), as part of the first phase of its much-anticipated Pensions Review.