LGPS Central signs transparency code
0The LGPS Central pool has signed an undertaking to agree to comply with the terms of the LGPS Scheme Advisory Board Investment Code of Transparency.
The pool’s chief executive officer, Andrew Warwick-Thompson, said: “By signing up to the Code we know that our partner funds will have full transparency relating to our costs and fees based upon a methodology which we expect to see become industry best practice. That can only be a positive for everybody involved.”
LGPS Central has around £13bn of assets under management on behalf of its 9 partner pension funds – Cheshire Pension Fund, Derbyshire Pension Fund, Leicestershire Pension Fund, Nottinghamshire Pension Fund, Shropshire Pension Fund, Staffordshire Pension Fund, West Midlands Integrated Transport Authority Pension Fund, and the West Midlands Pension Fund.
Share
