Local Authority Treasurers’ Investment Forum 2012

#localgov twitter.com/CCNOffice/stat…

LGPS funds to be limited to their pools by 2020: Local Government Pension Scheme administering authorities are set to be given a deadline of 2020 after which they should not normally make investments outside their LGPS pool, Room 151 has[...] dlvr.it/Qwtl5C pic.twitter.com/tUgGBFU1zl

NAO urges close watch on commercialisation: Auditors have been encouraged to scrutinise council accounts to ensure that balance sheets are not being manipulated in order to justify commercial ventures. The National Audit Office has released a[...] dlvr.it/Qwtkx9 pic.twitter.com/eBRHk7Dy5d

Business case for public ownership of Durham Tees Valley Airport outlined room151.co.uk/brief/#oxfords… #localgov

Appeal to go ahead against government’s ban on LGPS boycotts: The Supreme Court has granted an appeal against last year’s decision by the Court of Appeal that the communities secretary acted legally by banning LGPS investment strategies from imposing… dlvr.it/Qwt4yB pic.twitter.com/SOZtqPgr0z

News-in-brief room151.co.uk/brief/ Where @room_151 covers #localgov #finance ... briefly.

Cut and dry: New guidance will help councils streamline accounts: CIPFA’s new publication aimed at helping councils streamline needs to represent the first step in a much longer journey, writes consultant Peter Worth. Streamlining the Accounts: Guidance… dlvr.it/QwpXJ7 pic.twitter.com/4IoaWH6pM1

A familiar tale of councillors playing politics with #treasury strategy room151.co.uk/brief/#council… Presumably @CllrTomHarvey would rather his council lost money on deposits/loans. #localgov

Sunak says councils are over the worst: Things are “looking up” for local authorities, following the publication of the provisional local government finance settlement, according to local government minister Rishi Sunak. Sunak made his comments during… dlvr.it/Qwntz4 pic.twitter.com/wyGNOk8sa6

CIPFA’s Resilience Index: laudable but flawed: Christian Wall gives his take on CIPFA’s new tool to compare councils’ financial performance Just before Christmas CIPFA summarised the initial findings of its Financial Resilience Index.  The index as[...] dlvr.it/QwkGcF

NAO worried by local authority governance: The National Audit Office (NAO) has published a report on local authority governance aimed at looking whether it provides local taxpayers and Parliament with the assurance that council spending achieves[...] dlvr.it/QwkGbh

CIPFA’s Resilience Index: laudable but flawed: Christian Wall gives his response to CIPFA’s new tool for comparing local authorities’ financial performance. Just before Christmas CIPFA summarised the initial findings of its Financial Resilience Index. … dlvr.it/QwdXF6

A very interesting example of how the varied finance functions within #localgov can have a knock on effect on one another. #lgps #pensions #funding #actuarial twitter.com/CheltenhamBC/s…

Is #LGPS 'actuary shopping' impacting the funding of #localgov services? room151.co.uk/funding/blank-… It will be interesting to see if @RSunak and the @mhclg think so.

CIPFA issues guidance on streamlining accounts: The Chartered Institute for Public Finance and Accountancy has produced new guidance to help council finance officers slash the length of annual accounts and reduce the amount of work needed[...] dlvr.it/QwNl52 pic.twitter.com/kjfELj9ahd

Call for standardisation of the approach of LGPS actuaries: The government has been urged to boost the resources available to councils by standardising the methodology used by Local Government Pension Scheme actuaries. Paul Jones, executive director of… dlvr.it/QwNl3v

Cornwall ends inverse LOBOs: Cornwall Council has become the first council to announce that it has repaid “inverse floating” Lender Option Borrower Option loans (LOBOS), ridding itself of an £85m portfolio in December. In[...] dlvr.it/QwN4VT