Official figures reveal the local government pension scheme (LGPS) had a positive year amid good investment performance but has not addressed the burden of past deficits.
Income outstripped expenditure so that the value of the 81LGPS funds in England grew by 13% over the last year to over £200bn, according to government statistics published yesterday. The 2014-20...
To continue reading this article...
Join Professional Pensions
Signup and gain exclusive members-only insights
- Unlimited access to real-time news, analysis and opinion from the industry
- Receive our in-depth monthly magazine in either print or digital format
- Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
- Receive important and breaking news stories selected by the Editors in our daily newsletter
- Hear from industry experts and other forward-thinking leaders
- Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date
