LGPS
The future of LGPS admin in a post-Covid-19 world
Covid-19 has thrown up key questions on adaptability, administration processes and new working methods for the LGPS. Ian Colvin takes a look at how funds have responded and the changes that lie ahead.
LGPS slashes deficit by £31bn in three years
The Local Government Pension Scheme (LGPS) cut its deficit by £31bn over the course of three years, its latest annual report shows.
Tyne & Wear and Northumberland schemes to merge
The £9bn Tyne & Wear Pension Fund and the £1.4bn Northumberland County Council Pension Fund are set to merge following a consultation by the government.
Wales Pension Partnership selects Robeco for voting and engagement
The Wales Pension Partnership (WPP) has appointed Robeco to run its voting and engagement services following a comprehensive procurement process.
Northern LGPS launches property investment management framework
Northern LGPS has opened a procurement framework for property investment managers, mirroring existing collaboration agreements with local authority funds.
Border to Coast hires five to research and investment teams
Border to Coast Pensions Partnership has hired three people to its investment team and two to its research team following a series of new fund launches.
Brunel appoints CACEIS as cost transparency and benchmarking provider
The £30bn Brunel Pension Partnership has hired CACEIS to provide cost transparency and benchmarking services across the partnership.
Border to Coast launches fixed income fund
Border to Coast Pensions Partnership has launched its first fixed income product with a £2.5bn sterling investment-grade credit fund.
LGPS goes live with cost transparency compliance system
The Local Government Pension Scheme (LGPS) has gone live with a cost transparency compliance system and has on-boarded all UK schemes onto the platform.
LGPS Central launches global bond fund
A £1.2bn global investment-grade corporate bond fund has been launched by LGPS Central with four initial investors.
LGPS funds' knowledge and understanding to be assessed
Hymans Robertson has launched a national assessment to measure levels of knowledge and understanding in Local Government Pension Schemes (LGPS).
West Yorkshire Pension Fund appointed to administer Barnet Council LGPS
Barnet Council has appointed West Yorkshire Pension Fund (WYPF) to replace Capita to administer its local government pension scheme (LGPS).
Local authorities called to balance responsible investing with LGPS returns
Analytical services company Camradata has published a white paper investigating how local authorities can act more responsibly with pension investments.
How to respond to pensions activism
Members are increasingly seeking external adjudication on schemes’ approach to ESG issues. Stephen Richards outlines the steps trustees can take to prepare for this activism.
Brunel vows to ditch asset managers failing on climate change
The £30bn Brunel Pension Partnership has called on asset managers to become more climate-aware or face removal from its portfolios.
Border to Coast selects PIMCO for multi-asset credit fund management
The £46bn Border to Coast Pensions Partnership has appointed PIMCO as the core manager for its multi-asset credit fund.
Government's boycott ban may extend to LGPS
The government’s ban on boycotts by public institutions may extend to the Local Government Pension Schemes (LGPS).
LGPS Scotland review reveals financial position of member funds
The first formal review of the Local Government Pension Scheme (Scotland) (LGPS) has revealed all 15 of its funds are in a strong financial position.
Welsh LGPS pool funds debut combined responsible investment policy
The pooling entity for the eight Local Government Pension Scheme funds in Wales has announced a new responsible investment policy.
Border to Coast launches £5bn global equity alpha fund
The £45bn Border to Coast Pensions Partnership has launched its largest fund to date, with £5bn of Local Government Pension Scheme (LGPS) assets being allocated to global equity alpha.
Kent LGPS fund says Woodford closure is 'in best interests' of investors
The Kent Pension Fund has reassured members that the closure of Woodford Investment Management will not affect its ability to pay benefits.
Brunel appoints Truvalue Labs for AI-driven ESG tool
The £30bn Brunel Pension Partnership pool has selected Truvalue Labs to evaluate ESG and reputational risks across all of its asset managers.
What next for responsible investment in the LGPS?
Local authority schemes must work alongside other stakeholders, in the UK and abroad, to deliver meaningful action on ESG issues, says John Gray
Obituary: Nick Greenwood
Nick Greenwood – the former manager of the £2.2bn Berkshire Pension Fund – died earlier this month.
