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The government risks pushing ‘orphan funds’ into sub-optimal outcomes

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As the government’s pooling reforms gather pace, 21 “orphaned” LGPS funds face tough choices on where to pool their assets. Mona Dohle explores how rushed decisions; high costs and the loss of expertise could result in sub-optimal outcomes.

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Over the summer, my eldest son has been absorbed in a series of Choose Your Own Adventure books, where the reader’s choices shape the

Paul Guilliotti, director of Financial Services, Richmond and Wandsworth Councils argues that current high funding levels should be approached with caution as marginal changes to discount rates can potentially have a significant impact.

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