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Brothwood: LGPS pooling boostThe director of pensions for the West Midlands Pension Fund talks to Mark Smulian about the success of the LGPS pools, the journey to net zero, government targets for infrastructure investment and competing priorities for the LGPS.
Pooling has been a positive step for the Local Government Pension Scheme (LGPS) and has delivered some unexpected benefits, Rachel Brothwood has told Room151 in an exclusive interview.
The director of pensions for the West Midlands Pension Fund was speaking ahead of the Pensions and Lifetime Savings Association (PLSA) local government conference. Brothwood, who is chair of the PLSA’s local government committee and a speaker at the event, said that pooling “had initiated change and been succe
...Treasury managers and section 151 officers are overwhelmingly in favour of the IFRS 9 statutory override being extended or made permanent, according to a Room151 survey.
The new regulatory regime for social housing will be more intrusive and is likely to make some councils “intensely uncomfortable”, the director of strategy for the Regulator of Social Housing (RSH) has warned.
An analysis of 100 local authorities shows that employer contribution rates are likely to remain stable following the 2022 LGPS valuations. Fund actuary Robbie McInroy examines the results and trends.
Michelle Doman looks at the impact of inflationary pressures, the war in Ukraine, climate risk and Covid-19 on employer contributions. At the start of 2022, for Local Government Pension Scheme[…]
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There has been a mixed reaction to the government’s legislative plans to strengthen its intervention powers over local authority finances. The Levelling Up and Regeneration Bill has proposed giving the[…]
Roman Haluszczak’s campaign for publication of the independent report into the collapse of CIPFA’s London Counter Fraud Hub has been rejected again by the institute. He is now calling for[…]
The Public Works Loan Board is tightening its lending criteria to ensure that loans will be repaid by local government borrowers. But, asks Peter Findlay, shouldn’t it have been doing[…]
