London councils plan £30bn LGPS superfund

clock

London councillors are exploring plans for a £30bn pan-London pension fund merging the assets of Transport for London, the City of London Corporation and 33 borough councils.

Council leaders met last month to discuss plans put forward by the London Pensions Fund Authority to create a ‘London Pensions Mutual' pooling investment and administrative resources of employers a...

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

Professional Pensions: Stories of the week

Professional Pensions: Stories of the week

Pensions minister speaks at Pensions UK conference, Reeves to launch ‘Sterling 20’ group, TPR at-retirement research

Professional Pensions
clock 17 October 2025 • 1 min read
Scheme cyber controls must be 'robust' amid 'worrying rise' in attacks

Scheme cyber controls must be 'robust' amid 'worrying rise' in attacks

RSM UK warns trustees to ensure cyber risk measures are ‘as resilient as possible’

Holly Roach
clock 17 October 2025 • 1 min read
News Digest: John Ralfe says Rachel Reeves' plan to extract billions from our pensions has one big flaw

News Digest: John Ralfe says Rachel Reeves' plan to extract billions from our pensions has one big flaw

PP brings together all the latest news on pensions from across the national and financial media

Professional Pensions
clock 17 October 2025 • 1 min read
Trustpilot