The government has ruled out merging council pension funds in favour of promoting common investment vehicles for the Local Government Pension Scheme (LGPS), in an effort to save £660m annually.
The Department for Communities and Local Government (DCLG) published its consultation response on the structure of the LGPS a year after local government minister Brandon Lewis warned he would "not...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership, providing you access to:
- 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
