Pooling the Local Government Pension Scheme (LGPS) into six funds is too many to have the scale to tap into a wide range of infrastructure opportunities says BNY Mellon.
In its response to the government consultation which ends on 19 February called LGPS Pooling: The Collective Good? the bank said while it was broadly supportive of the proposals, having six infrastructure...
This week's edition of Professional Pensions is out now
Collective defined contribution (CDC) schemes will need clear and transparent governance frameworks, as well as effective communication strategies, to be a success, the Work and Pensions Committee (WPC) has been told.
The aviation sector's constant evaluation of mistakes to improve safety should be applied to defined benefit schemes, as too many are making the same mistakes again and again, latest research shows.
A month of strikes are due to hit 64 universities from tomorrow over major reforms to the Universities Superannuation Scheme (USS).