FirstGroup consolidates £700m in Greater Manchester LGPS

James Phillips
clock • 2 min read

Transport operator FirstGroup has consolidated its pension scheme assets within the Local Government Pension Scheme (LGPS) in what is believed to be the first move of its kind.

The company has transferred its existing £700m assets from the West Yorkshire and South Yorkshire pension funds into the Greater Manchester Pension Fund (GMPF), where it already has around £300m wo...

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James Phillips
Author spotlight

James Phillips

Professional Pensions journalist from 2016-2022

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