WMPF buys £26m Leeds office block

Council auditors are in ‘shackles’ and need to be released: Rebecca Keene writes that local government audit has become distracted by valuations and cash flow projections. As we reach the end of July and what would be, pre-pandemic, the deadline[...] dlvr.it/S4yHxQ pic.twitter.com/M2ohbPV821

Economy: Inflation on the rise while the MPC sticks with ‘patient approach’: Sponsored article: With the UK gradually unlocking, Michelle Randall reviews the economy and sterling market outlook. Last month, the Bank of England’s (BoE) Monetary Policy… dlvr.it/S4ccJt pic.twitter.com/j2SEuirJVV

CIPFA concludes code revision that will end ‘intentional misinterpretation’: A revised code will be amended in response to concerns that it either lacked clarity or was “not appropriate”. CIPFA’s revision of the Prudential Code has proved controversial… dlvr.it/S4ZV6P pic.twitter.com/LOMXNokSdp

The climate-impact: Why are green house gas emission so important to LGPS?: Sponsored article: Global climate change is one of the largest challenges for Local Government Pension Schemes. James Parish asks why? The carbon emissions gap, the difference… dlvr.it/S48pDz pic.twitter.com/BRkL9bBWPQ

Delivering net zero: Strathclyde plunges into Clean Growth Fund: Strathclyde Pension Fund recently approved a capital commitment of £20m to be invested in the Clean Growth Fund, a venture capital fund targeting early-stage UK clean tech companies. Ian… dlvr.it/S47jLM pic.twitter.com/xlusXXYjnk

LGPS annual report: Little drama but investment costs at £1.29bn: An annual report containing no big news but illustrating significant change since 2012, writes William Bourne. March 2020 was a dramatic moment in the world as it came to terms[...] dlvr.it/S47jKT pic.twitter.com/57ggaE8sTZ

Bereavement matters: Sponsored article: James Penney looks at an investment in helping councils provide high quality bereavement services. Nothing is certain but death and taxes said Benjamin Franklin and as a result,[...] dlvr.it/S449vC pic.twitter.com/OTfjZGHVJs

SCAPE plan: How to reset a discount rate: The government is looking at redefining the methodology for contributions to unfunded pensions schemes. Barry McKay considers the implications. There was a significant increase in employer contributions for the… dlvr.it/S41nXT pic.twitter.com/km3TOnYkQL

David Green: CIPFA ‘softens edges’ of the new Prudential Code: Following an updated process, the new Prudential Code is ready to come into force. David Green writes CIPFA listened to respondents. Following its consultation on changes to the Prudential… dlvr.it/S41nVz

‘Coffee can portfolio’: Investing with Chinese characteristics: Sponsored article: Frank Ding looks at the pros and cons of a “buy and forget” approach to investment in China Robert Kirby, the veteran investment guru from Capital Group, first[...] dlvr.it/S3mm2Q pic.twitter.com/cQU8RaZQ55

MPs demand “urgent” action to repair local government audit: Members on the public accounts committee say the audit market is at risk of collapse while the system is close to “breaking point”. Audit of councils has long been a[...] dlvr.it/S3mlxm pic.twitter.com/7fBLGga5EL