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The boost from fixed interest funds is likely to decline over coming years, investment manager CCLA has predicted. The analysis followed Room 151’s Treasury Investment Survey which revealed that 5% of local authorities had[…]
Proposals by the Financial Conduct Authority (FCA) aimed at preventing a repeat of the Woodford crisis could lead multi-asset funds or funds of funds to move away from funds holding[…]
Mark Thompson has resigned as chief investment officer (CIO) at the London Collective Asset Vehicle (LCIV) LGPS pool after less than a month in post. Thompson started in his role[…]
The Scheme Advisory Board (SAB) for LGPS has awarded a contract to build a web-based platform that will allow comparison of asset managers’ fees and costs. SAB has awarded the[…]
Underlying governance for the Local Government Pension Scheme is so complex it could provide an “excuse” for non compliance with guidance and advice given to administering authorities, according to an[…]
A number of LGPS pools’ equity strategies are inconsistent with the aggressive outperformance targets they have set, according to an influential report into the sector. This year’s Local Authority Pension[…]
The Local Government Pension Scheme (LGPS) community has panned proposals for a four-year valuation cycle, with many questioning the government’s assumption it would reduce costs. This week saw the closing[…]
A Local Government Pension Scheme governance review has recommended greater ring-fencing of pension fund management from host authorities – but stopped short of calling for separate section 151 officers. Pension[…]
Uncertainty in the wake of a Supreme Court ruling on discrimination related to public-service pension reform may require the Local Government Pension Scheme (LGPS) to conduct an interim valuation, bosses[…]
With deficits in the LGPS falling, is it time to take some risk off the table or is the LGPS wedded to growth assets? Gavin Hinks explores the options. A[…]
