Switch to passive would boost LGPS by £28bn

Stephanie Baxter
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Local Government Pension Schemes (LGPS) would earn an extra £28bn over the next two decades by replacing active managers with passive managers, according to research.

The study by Charles Stanley Pan Asset shows that LGPS funds would generate an additional return of £441m each year, slightly higher than the £420m cost savings stated in a recent Hymans Robertson ...

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