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Pools and National Housing Bank ‘risk fishing in the same pond’

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LGPS pools and the National Housing Bank risk competing for real estate investment opportunities, a new report finds.

The newly created National Housing Bank, previously Homes England’s Investment Directorate, risks competing with the LGPS for investment opportunities, according to a new report

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.