A lot of expense and not much else

DCLG's proposals for the future of the LGPS fall flat, Naomi Rainey says

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The Department for Communities and Local Government (DCLG) has finally revealed its big plans for the Local Government Pension Scheme (LGPS) in England and Wales.

Following months of heated debate and consultation, it has decided collective investment vehicles (CIV) are the way to go (PP Online, 15 May). CIVs like the one developed by London Councils, whi...

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