Five stories you might have missed: LGPS merger; survivor benefit appeal; Tesco deficit

clock

Top stories on the site this week include plans to merge the LGPS into six 'wealth funds', a legal challenge to make schemes equalise death benefits for same-sex couples, and a growing deficit at Tesco.

1. Osborne to force LGPS into six ‘wealth funds' to invest in UK infrastructure The Local Government Pension Scheme's 89 funds will be pooled into six British wealth funds to invest billions in ...

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 Industry

People's Pension: Long-term thinking the only way to solve our pension savings problem

People's Pension: Long-term thinking the only way to solve our pension savings problem

Patrick Heath-Lay says the latest Pensions Commission report is a clear signal that further reform is needed

Patrick Heath-Lay
clock 22 May 2026 • 3 min read
Professional Pensions: Stories of the week

Professional Pensions: Stories of the week

Pensions Commission interim report, BlackRock launches LTAF and DWP gender pensions gap report

Professional Pensions
clock 22 May 2026 • 1 min read
Women in Pensions 2026: Entries close today!

Women in Pensions 2026: Entries close today!

Individuals and organisations nominated have until the end of today (22 May) to complete entries

Professional Pensions
clock 22 May 2026 • 1 min read
Trustpilot