What's New?
Michael Hayles, partner, and Ellie Alveyn of Burges Salmon examine the recent concerns some pools have raised about MHCLG’s draft guidance to LGPS administering authorities. In January 2019, the Ministry[…]
Proposals by the government to include pension entitlements in a proposed cap of £95,000 on exit payments to local authority employees are in conflict with Local Government Pension Scheme regulations,[…]
The country’s biggest Local Government Pension Scheme (LGPS) pool has hinted it could take legal action unless ministers rethink guidance on asset pooling. Northern LGPS has told local government minister[…]
South Yorkshire Pension Fund (SYPF) is set to align £80m of investment alongside a European Union urban renewal fund. The fund has allocated the cash to support the Sheffield City[…]
Pension fund investments have indeed seen a long-term upward trend and the performance of equities over the last few years has led to expectations that the funding levels in the[…]
Croydon Council is considering hedging the currency risk in its pension fund. Members of the council’s pension committee are exploring the option of a currency hedge for the equity investment[…]
The London Collective Investment Vehicle (LCIV) LGPS pool is targeting a first close on a new unauthorised infrastructure unit trust, targeting net returns of 8-10%, by the end of April.[…]
The Scheme Advisory Board (England & Wales) (SAB) has launched a review of LGPS governance in relation to administrating authorities and their pension funds. Jeff Houston explains the proposed changes.[…]
Barry McKay provides a health-check on how Local Government Pension Scheme funds can mitigate risks from ill-health retirements. Most LGPS benefits build up gradually during each member’s employment. However, if[…]
The LGPS Advisory Board is consulting on whether new rules are needed to avoid conflicts of interest in the governance of the scheme. It has appointed pension adviser Hymans Robertson[…]
