Greater Manchester Pension Fund to host £2bn MoJ probation fund

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The Greater Manchester Pension Fund (GMPF) has been chosen to host the Ministry of Justice's (MoJ) 35 existing probation trust funds, following a fund merger.

In August, PP reported that the MoJ was planning to merge the existing funds into a single entity, which would then be managed by a Local Government Pension Scheme fund (LGPS) (PP Online, 8 August)...

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