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Pensions minister promises ‘pragmatism’ on pooling deadline

(©House of Commons/Roger Harris)

With less than three weeks to go until the much-anticipated pooling deadline, pools and funds may be given some breathing room, the government suggests.

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“The LGPS has overperformed on delivering pooling,” according to pensions minister Torsten Bell, who welcomed the progress made by the scheme just weeks ahead

The £100bn LGPS Central pool is set to launch a social housing fund next year and expand partnerships with housebuilders and housing associations as part of a boost to its UK social housing strategy.