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Pensions minister stresses need for consolidation

(©House of Commons/Roger Harris)

Days after the government’s pooling deadline for the LGPS, pensions minister Torsten Bell came out to emphasise again the benefits of consolidation as the remaining six pools are bracing themselves for changes

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Speaking at Legal & General’s Annual Client Conference on 7 October, Bell reiterated the government’s view that further consolidation is essential to ensure better

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)