All Local Government Pension Scheme (LGPS) articles – Page 27
-
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.
-
Features
Local authority scheme members flock to beat AVC tax deadline
Local government scheme members are rushing to take their entire additional voluntary contributions as tax-free cash after widespread communication campaigns, before the option is expected to expire as LGPS reforms come into effect tomorrow.
-
NewsLGPS schemes collaborate on infra to diversify returns
Three local authority pension schemes have revealed their plans to invest in infrastructure collectively, as they look to reduce management costs and diversify their portfolios to protect against market falls.
-
Features
Local authority schemes expect modeller to boost engagement
Scheme managers hope a new pensions modeller will stop members opting out as result of local government pension scheme changes by showing them how their benefits will be affected by the reforms.
-
FeaturesStrathclyde rebalances bond portfolio in drive for greater returns
Strathclyde Pension Fund has decreased its allocation to corporate bonds in favour of a wider absolute return bond strategy, to rebalance its portfolio as spreads tighten.
-
News
Isle of Wight bolsters governance ahead of LGPS reform
Isle of Wight Pension Fund has identified areas ripe for improvement in its governance, including more frequent funding monitoring, as local government schemes brace for next year's reforms to the sector.
-
News
Essex mulls delaying SME rep election as reform hits
Essex Pension Fund is considering extending the tenure of its smaller-employer representative, allowing time for the government to provide more clarity on local government scheme governance changes.
-
Features
Essex merges functions after admissions rise
Essex Pension Fund has combined its employer, investment and administration teams into a single structure to deal with an increased number of employers joining the scheme.
-
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.
-
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.
-
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.
-
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.
-
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.
-
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.
-
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.
-
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.
-
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.
-
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.
-
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.
-
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.