Truell: I want to pool public sector pensions into six £40bn funds

Former LPFA chief Edmund Truell tells PP about his radical plans for public sector pensions

Stephanie Baxter
clock • 6 min read

Edmund Truell, the London mayor's pensions adviser, has big ambitions to shake up all public sector pensions. The former LPFA chief speaks to Stephanie Baxter.

Key points Warns current structures are failing and deficits are gigantic Wants to create six investment pools of around £40bn-£50bn each  PPF, NHS scheme and even private sector f...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here

Join now

 

Already a Professional Pensions
member?

Login

More on Law and Regulation

Budget 26: Government to remove two-year tax rule on lump sum death benefits

Budget 26: Government to remove two-year tax rule on lump sum death benefits

Changes will also be made to how tax due on excess lump sum death benefits is collected

Jonathan Stapleton
clock 28 October 2026 • 3 min read
Budget 26: Government confirms changes to HMRC terminal illness definition

Budget 26: Government confirms changes to HMRC terminal illness definition

Move will make it easier for people at the end of their life to access their pension savings

Jonathan Stapleton
clock 28 October 2026 • 2 min read
Schemes could be overpaying tax on DB surplus refunds, advisers say

Schemes could be overpaying tax on DB surplus refunds, advisers say

HMRC position conflicts with legislation and trustees remain unwilling to launch challenge

Alex Levy
clock 26 October 2026 • 4 min read
Trustpilot