The LGPS Central pool has opened for business with 11 mandates spanning £12bn of assets as the government's pooling deadline arrives.
The pool, which comprises nine midlands-based Local Government Pension Scheme (LGPS) funds, launched on 3 April with three pooled funds in global equity passive, UK equity passive, and global dividend...
Almost all listed asset managers have now signed up to the transparency code that launched 12 months ago to help local government funds get better cost data, writes Stephanie Baxter
This week's top stories include MPs questioning the regulator's leadership in a letter to the watchdog's chairman, and FTSE 100 schemes post accounting surplus for first time in decade.
While the majority of UK's largest pension funds have taken action on climate change, parliament says there are still some that are failing to manage their schemes responsibly.
Master trusts will have just one chance to demonstrate to The Pensions Regulator (TPR) that they should be authorised under the upcoming regime, the watchdog has said.