LGPS investment power to be removed from the Pensions Bill

The government has proposed to delete a key aspect of the Pensions Bill which would have given the secretary of state powers to direct LGPS pool investments.

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An amendment proposed by pensions minister Torsten Bell today suggested deleting clause 1(2)(e)(iii) of the bill, which would have empowered the secretary of state

LGPS investment power to be removed from the Pensions Bill

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