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Carillion collapse causes £5m loss to LGPS funds

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Three Local Government Pension Scheme funds have lost up to £5m as a result of direct investments with Carillion, according to an assessment of

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)