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

LGPS employers see 'major easing' in contribution rates

LGPS employers see 'major easing' in contribution rates

Pensions UK analysis shows costs fell ‘sharply’ between 2022 and 2025

Holly Roach
clock 27 May 2026 • 1 min read
Professional Trustee Focus: Final chance to book!

Professional Trustee Focus: Final chance to book!

The half-day event will take place on Thursday 4 June in London

Professional Pensions
clock 27 May 2026 • 1 min read
Pension transfer times hit ten-day mark in early 2026

Pension transfer times hit ten-day mark in early 2026

First time since September 2024

Sophia Panayi
clock 27 May 2026 • 1 min read
Trustpilot