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LGPS 2025 Investment Forum: separating noise from signal

(Rupert Harrison, PIMCO, credit: Tina Miguel)

As Rachel Reeves prepared to give markets a preview of the Autumn Budget, LGPS practitioners from across the country gathered at the London Stock Exchange to discuss key investment challenges for the years ahead.

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The event was opened by the independent economic adviser and chair, Steven Bell, who introduced Paul Myles, head of LGPS at Schroders. Myles presented

An increase in assets and improving funding levels paint a positive picture for the LGPS, but changes to contribution rates, valuation assumptions and costs reveal a more complex financial outlook.