Room151: Stuart, congratulations on this important landmark for the PSDF. What does it mean for the fund?
Stuart: It’s a big step forward for the fund, first and foremost it shows that the Local Government Association and CCLA’s vision of creating a product for all public sector organisations, irrespective of their size, was well placed.
Our concept from the beginning was to simplify day-to-day cash management for treasurers and clerks by providing a professionally managed, UK-regulated cash product that only invested in instruments that they could understand.
It has gone beyond that: we have forged partnerships working with local and national umbrella organisations that has supported business g
...So, HM Treasury has extended the deadline for its consultation on PWLB future lending terms to 31st July. Apparently, this was at the request of the sector, although I doubt many people were really asking for the promised cut in interest rates to be delayed by two months.
Expectations of performance in governance and administration have risen significantly for the LGPS in the last five years and funds are working hard to drive the improvements needed to meet these expectations.
Infrastructure works on a different time frame to much of the rest of the economy. Where others are planning for the next quarter or financial year, our industry is operating in decades and planning for generations ahead.
Covid-19 has had a devastating effect on people and markets. John Harrison offers a way forward for LGPS through asset allocation, income, performance and governance. The global Covid-19 pandemic has[…]
Sponsored article: Ian Simm explores scenario analysis and how it might be configured to address climate change. At the time of writing, the economic shock caused by Covid-19 is still with us. As we don’t know how[…]
The role of non-financial factors became the headline issue in the government’s attempt to ban political boycotts from LGPS investment decisions. Nick Stones explores the implications of the recent Supreme[…]
A warning has been sent to central government that councils serving the most disadvantaged will be forced to cut services if there is no further financial aid. Cllr Sir Stephen[…]
Barnsley is among the first three councils to raise debt through the Municipal Bonds Agency. Ian Rooth explains the reasoning. Barnsley has committed to the first pooled bond by the[…]
An extra £3.2bn has been poured into local government to help deal with the Covid-19 crisis. Adrian Jenkins argues more will be needed to confront spending on the pandemic, lost[…]
