Local Government Pension Scheme

Border to Coast makes £22.5m commitment while Strathclyde adds £10m to existing stake

LGPS fund appoints Northern Trust to broad-ranging asset servicing mandate

Pensions UK says policy priority should be ‘steady evolution, not structural upheaval’

Peer says pensions could ‘ride to the rescue’ until Casey recommendations bed in

Border to Coast Pensions Partnership chief stakeholder officer completes 1,300km ride

MCHLG guidance covers fund governance, asset pooling and investment strategy

Move reinstates pension access for English local councillors

Secondary legislation on pooling and investment will come into force on 30 June

LGPS body also recommends vote against BP’s chair amid ‘serious governance concerns’

The amount of assets per pound of benefit owed to members has fallen since 2022