Photo by Micheile Henderson on UnsplashRachel Elwell writes how new research reveals there is no single template for pension pooling.
Now in the seventh year since the idea of pooling was first mooted, it is perhaps apt to pause for a moment and consider a few fundamental questions: Is it actually working? And what does the future hold?
The first point to highlight is the remarkable progress the LGPS has made on pooling since 2014. Eight pools have been established; investment funds covering everything from equities and fixed income and infrastructure have been designed and launched; offices have been opened and staff recruited; and more than half of the LGPS’s £276bn of assets are now pooled.
And much of this taking place during a global pan
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