One-size-fits-all approach may not be appropriate for LGPS

Doubling LGPS investment in private equity could have positive outcomes if done well

Jasmine Urquhart
clock • 4 min read
Industry broadly welcome aims of increasing LGPS investment in unlisted equities but warn of a 'one-size-fits-all' approach
Image:

Industry broadly welcome aims of increasing LGPS investment in unlisted equities but warn of a 'one-size-fits-all' approach

The drive to get Local Government Pension Scheme (LGPS) funds to invest more in private equity has been welcomed, but “one-size-fits-all approach” should not be taken, the industry has said.

In the chancellor's annual Mansion House speech yesterday (10 July), a proposal to get LGPS funds to double their investment in private equity to 10% was revealed. Chancellor Jeremy Hunt said th...

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

Jasmine Urquhart
Author spotlight

Jasmine Urquhart

Senior Correspondent at Professional Pensions

View profile
More from Jasmine Urquhart

Member experience becoming 'key factor' in insurer selection

DB transfer advice redress payments remain stable

More on Investment

Now Pensions makes first private markets investment
Investment

Now Pensions makes first private markets investment

Supports ambition to invest at least 10% of its default fund in private market assets

Holly Roach
Holly Roach
clock 07 July 2025 • 1 min read
Partner Insight: PIMCO Outlook - The fragmentation era
Investment

Partner Insight: PIMCO Outlook - The fragmentation era

With the world order in flux, investors can look to fortify portfolios by diversifying across global markets and capitalising on attractive, high-quality yields.

Richard Clarida, Andrew Balls and Daniel Ivascyn at PIMCO
clock 07 July 2025 • 10 min read
Partner Insight: Managing investment risks in retirement
Investment

Partner Insight: Managing investment risks in retirement

The need to manage investment risks in retirement is more acute now than ever before. Recent stock market volatility and upside inflation risks from tariffs are once again focusing minds on the phenomenon known as sequencing risk.

Trevor Greetham, Head of Multi Asset at Royal London Asset Management
clock 07 July 2025 • 2 min read
Trustpilot