The Department for Communities and Local Government has raised the limit for local government pension funds' investment in limited partnerships from 15% to 30%, paving the way for more exposure to infrastructure.
In November, DCLG launched a consultation on doubling the permitted allocation to limited partnerships, which could see an additional £22bn invested in the asset class (PP Online 6 November 2012). ...
The Brunel Pension Partnership has become the fourth local authority pool to receive the green light from the regulator.
Defined benefit (DB) schemes are to be offered a new consolidator as the former chief of the Pension Protection Fund (PPF) launches 'The Pension SuperFund'.
Martin Freeman has been hired as head of technology product and development at Smart Pension, to support the 'growing' technology product side of the business.
Tim Sharp says the government has missed some big opportunities to help workers in the DB white paper.