Autumn Statement: Government publishes criteria for pooling LGPS into six funds

Stephanie Baxter
clock

The government has published criteria and guidance for pooling the Local Government Pension Scheme (LGPS) into six "British wealth funds" worth at least £25bn each.

Announced in today's spending review and Autumn statement, the Investment Reform Criteria and Guidance paper reveals the government wants the scheme's 89 separate funds to pool in order to "match" ...

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 Defined Benefit

Tender Watch: Co-op appoints First Actuarial

Tender Watch: Co-op appoints First Actuarial

Some administrators of Somerfield scheme to move to First Actuarial Manchester office

Professional Pensions
clock 29 September 2025 • 1 min read
Just four firms manage 80% of £1.1trn pension scheme assets

Just four firms manage 80% of £1.1trn pension scheme assets

LCP finds over half of new professional trustee appointments went to four firms since April last year

Jasmine Urquhart
clock 17 September 2025 • 3 min read
ONS estimates of very old increase in number

ONS estimates of very old increase in number

Around 15,000 have reached 100 or over as of 2024, compared to half as many 20 years ago

Jasmine Urquhart
clock 03 September 2025 • 2 min read
Trustpilot