Tony Williams: McCloud case and implications for the LGPS?
by Tony Williams, head of pensions risk policy and strategy, Local Pensions Partnership Current position When I was asked to write about the McCloud case and the implications for the[…]
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Border to Coast launches infrastructure and private equity sub-funds
LGPS pool Border to Coast has launched private equity and infrastructure investment opportunities, with commitments of more than £1bn from its member funds. The pool has announced the portfolios, which[…]
LGPS pool announces resignation of chief executive
The chief executive of LGPS pool Brunel Pension Partnership has quit her role, citing the need for a “different style of leadership”. In an announcement today, Brunel announced that Dawn[…]
LGPS faces cost uncertainty after Supreme Court upholds McCloud ruling
The Local Government Pension Scheme (LGPS) faces ongoing uncertainty over compensation costs after the Supreme Court ruled last week that 2015 changes to the public sector pensions had discriminated against[…]
Merseyside invests £30m in first LGPS deal with Funding Circle
Merseyside Pension Fund has committed £30m to be the seed investor in a direct lending fund for SMEs that could eventually raise hundreds of millions of pounds. Merseyside has partnered[…]
The proposed changes to the LGPS: local valuation cycles and exits
The Ministry of Housing, Communities and Local Government (MHCLG) recently issued a consultation on proposals to amend the Local Government Pension Scheme (LGPS). Barry Mckay looks at the potential implications.[…]
‘Clarity needed’ on LGPS pool arrangements under surprise competition rules
Local Government Pension Scheme (LGPS) funds have unexpectedly been included in new Competition and Markets Authority (CMA) requirements covering relationships with external fund managers and investment consultants. The CMA has[…]
London LGPS pool appoints new chief investment officer
LGPS pool London Collective Investment Vehicle (LCIV) has appointed Mark Thompson as its new chief investment officer (CIO). Thompson joins from HSBC Bank’s UK pension scheme, where he has been[…]
Kent’s role in Woodford fund trading suspension unclear
A major equity fund suspended trading on Monday after Kent Pension Fund decided to withdraw its £263m investment. Kent’s superannuation fund committee voted on Friday morning to withdraw from the[…]
Court ruling ‘could lead to 1% rise in LGPS liabilities’
Local Government Pension Scheme (LGPS) funds are likely to face an increase in their liabilities of up to 1% if the government loses a court case on its 2015 pension[…]
