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Boost for LPPI as Dorset and Somerset announce preference

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Somerset and Dorset Pension Funds, two of the five remaining orphan funds, have confirmed their pooling preference, further raising the prospect of a Brunel LPPI merger.

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The announcement means that at least four of the remaining Brunel funds – Avon, Devon, Dorset and Somerset – will join LPPI. Buckinghamshire, Cornwall

LGPS allocations to UK plc have been at the forefront of a growing debate with the government nudging the scheme to invest more in stocks at home.

(Left to right: James Beaumont, Piers Hillier and Mark Davies, credit: Mark Flynn)