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

Housing costs put comfortable retirement out of reach for most savers

Housing costs put comfortable retirement out of reach for most savers

Hymans’ modelling shows savers will need to work longer and increase their contributions to achieve their desired RLS

Martin Richmond
clock 17 July 2026 • 3 min read
Professional Pensions: Stories of the week

Professional Pensions: Stories of the week

Government publishes updated pensions roadmap, TPR five-year strategy, general levy consultation

Professional Pensions
clock 17 July 2026 • 1 min read
News Digest: Investors say BoE should slow or stop long-dated bond sales

News Digest: Investors say BoE should slow or stop long-dated bond sales

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

Professional Pensions
clock 17 July 2026 • 1 min read
Trustpilot