Jeff Houston
Outsourced government workers to keep LGPS membership
Local government workers who are outsourced to independent contractors will soon be allowed to remain in the Local Government Pension Scheme (LGPS).
FCA to publish voluntary cost disclosure templates in autumn
A Financial Conduct Authority (FCA) working group has recommended five institutional cost disclosure templates, although it says these should not be made mandatory.
Success for LGPS transparency code as 65 managers sign up in a year
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
Cost disclosure template could be ready by April; LGPS to adopt immediately
Trustees could benefit from a standardised template for the disclosure of investment transaction costs and charges from as early as April, Chris Sier has said.
FCA confirms membership of cost disclosure working group
The Financial Conduct Authority (FCA) has confirmed the 20 members and four observer organisations of its Institutional Disclosure Working Group.
Big reprieve for LGPS as regulator eases EU rules
The Financial Conduct Authority (FCA) has eased new rules for the Local Government Pension Scheme (LGPS) after concerns they could pose barriers to infrastructure investment and even cause an asset fire-sale.
Two asset managers commit to full cost transparency
Baillie Gifford and Montanaro are the first asset managers to sign up to a new transparency code to help the Local Government Pension Scheme (LGPS) get a better handle on investment costs.
LGPS takes a big leap towards cost transparency
As a transparency code is launched for the Local Government Pension Scheme, Stephanie Baxter looks at how it could set a gold standard across the industry.
MiFID II: An EU curveball for LGPS pooling and infrastructure drive
EU rules downgrading local authority funds to retail investors is throwing up complications for pooling and infrastructure investment. The FCA must ensure pools are part of the solution, writes Stephanie Baxter
How the LGPS is taking lessons from the Dutch on cost transparency
PP finds out why the scheme is looking to the Netherlands for help
What will standardised assumptions across LGPS reveal about its true deficit?
Plans to measure LGPS funding levels consistently from 2016 will give a more realistic picture of the scheme's health status with many funds expected to come out worse, writes Stephanie Baxter
