A collective investment vehicle (CIV) for London's Local Government Pension Scheme (LGPS) funds will go live in the next 12 months, according to London Council's Hugh Grover.
It comes as the Department for Communities and Local Government (DCLG) consults on introducing CIVs and passive investment strategies across the 89 funds in England and Wales (PP Online, 2 May). London...
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Royal Bank of Scotland (RBS) faces a £102m impact on liabilities as a result of equalising guaranteed minimum pensions (GMPs), according to its annual results.
Malcolm Mclean says getting the channels of communication right and engaging more openly is a good starting point