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A property fire sale triggered by Prudential Code could ‘shatter’ confidence in local economies

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Officers and experts continue to debate the revised Prudential Code. Some now fear a fire sale of property that could undermine private sector confidence.

The LGPS facing significant changes with the introduction of the Pensions Bill. This, argues William Bourne, an independent advisor to the LGPS and founder of Linchpin Advisory, could be a good time to assess whether Local Pension Boards fulfil their purpose.

(William Bourne)