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

News Digest: GAD drafted in to help tackle most complex Civil Service Pension Scheme cases

News Digest: GAD drafted in to help tackle most complex Civil Service Pension Scheme cases

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

Professional Pensions
clock 25 August 2026 • 1 min read
Buzz: Should well-off pensioners get an honour to opt out of the state pension?

Buzz: Should well-off pensioners get an honour to opt out of the state pension?

Pension honours, LGPS surpluses and Standard Life PRT venture

Professional Pensions
clock 24 August 2026 • 1 min read
Schemes need 'greater visibility' of how AI is being used in operations

Schemes need 'greater visibility' of how AI is being used in operations

Penfold says AI could make pensions better but warns the industry to adopt it responsibly

Holly Roach
clock 24 August 2026 • 2 min read
Trustpilot