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Five months to find a new home: LGPS funds race against time

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One week after two LGPS pools were told they did not have government approval to proceed, their partner funds are now in a race against time to find a new home.

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A week ago, 21 LGPS funds were confronted with the news that their pools, ACCESS and Brunel, had not received government approval to proceed.

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)