Local authorities

On 8 February, the Supreme Court unanimously ruled that an unmarried cohabitant is eligible to receive a survivor’s pension under the Local Government Pension Scheme for Northern Ireland (...
Nine Midlands based local government pension funds have submitted a detailed business case to the Government for the creation of a multi-asset investment pool called LGPS Central. The submission has...
A new All Party Parliamentary Group (APPG) on local authority pension funds has been established to discuss, among other things, the development of British wealth funds. It is sponsored by the Local...
Gary Delderfield, Eversheds, considers the government’s guidance on collective investment for local authority pension schemes
Benefits of life pooling Chancellor of the Exchequer, George Osborne, has challenged local authorities “to ensure that they pool investments to significantly reduce costs, while maintaining overall...
Eight Local Government Pension Funds, all based in the Midlands, plan to create an investment pool with a total membership of 850,000 people, assets of £36bn and participating employers totalled 1,...
Merging small schemes into larger units would be more efficient and save money, argues Anthony Hilton, Evening Standard
Joanne Segars, chief executive of the National Association of Pension Funds (NAPF), told the NAPF Local Authority Conference 2015 that “it’s important the LGPS community comes together to focus on...
Lancashire County Pension Fund and the London Pensions Fund Authority today announced the first stage in the development of a ground-breaking asset and liability management (ALM) partnership, which...
Passive funds are not only cheaper than active funds, but also perform better on average (net of costs), according to Charles Stanley Pan Asset. A portfolio of passive funds would have outperformed...