LGPS
Lothian Pension Fund gets new chief as Scott steps down
Scotland's second largest local pension fund has appointed Doug Heron as its new chief executive to replace outgoing Clare Scott.
LAPFF and Northern Pool chairman Ian Greenwood dies
The Local Authority Pension Fund Forum (LAPFF) has announced the sudden death of its chairman, Ian Greenwood, on Monday (12 November) night at age 68.
Getting ready for 2019 triennial valuations
Susan Martin says there are lots of challenges to grapple with ahead of next year's LGPS valuations.
Brunel selects M&G and Aberdeen Standard for secured income investments
The £30bn Brunel Pension Partnership has announced it will commit £340m to long-lease property funds for three of its 10 local authority partner funds.
Hermes appointed for LGPS Central engagement remit
LGPS Central has appointed Hermes Equity Ownership Services (EOS) to run engagement and voting services for the investments of its nine local authority funds.
PLSA in work to convene cost disclosure template implementation group
The Pensions and Lifetime Savings Association (PLSA) is in the process of convening an industry-wide group to take forward the work of the Institutional Disclosure Working Group (IDWG).
Border to Coast names asset managers for £1.2bn equity fund
Border to Coast Pensions Partnership has named its first three asset managers to oversee a circa £1.2bn UK equity portfolio.
Barnett Waddingham expands LGPS team; hires Hymans' McKay
Barry McKay has joined Barnett Waddingham to build its public sector pensions business after more than 22 years working for Hymans Robertson, PP can reveal.
Government Actuary: LGPS in better position after funds make 'significant' progress
The Local Government Pension Scheme (LGPS) for England and Wales is in a financially robust position and funds have vastly improved since 2013, according to the Government Actuary's Department (GAD).
Nationwide survey reveals LGPS funds' high levels of confidence
A nationwide survey of committee and local pension board members of the Local Government Pension Scheme has revealed high levels of confidence in all areas of their responsibility.
Warwick-Thompson to leave LGPS Central next spring
Andrew Warwick-Thompson is to step down from his role as chief executive of LGPS Central next spring, the £45bn pool has announced.
Brunel LGPS pool chooses Hermes for engagement mandate
The £30bn Brunel Pension Partnership has appointed Hermes Equity Ownership Services (EOS) to provide voting and engagement services.
LGPS Access gets regulatory approval for first sub-fund and ACS operator
The LGPS Access local authority pool has received approval from the Financial Conduct Authority (FCA) for its global equity sub-fund.
Brunel selects MSCI benchmarks for £10bn equity allocation
Brunel Pension Partnership has selected MSCI to provide benchmark data for £10bn of its equity allocation.
Brunel transitions first £6bn of assets to LGIM
The Brunel Pension Partnership has transitioned £6bn of local government pension scheme (LGPS) assets to Legal & General Investment Management (LGIM).
Border to Coast appoints Robeco for corporate engagement mandate
Border to Coast Pensions Partnership has appointed Dutch fund manager Robeco to oversee its shareholder voting and corporate engagement.
Scotland mulls merging or pooling LGPS funds
The Scheme Advisory Board for Scotland's £42bn 11 local authority funds has proposed merging their liabilities, assets and administration into one or more asset vehicles as part of a major structural review.
Lambeth invests £42m in private-rented sector with Invesco
The London Borough of Lambeth Pension Fund has signed up to a £42m private-rented sector investments strategy with Invesco Real Estate.
How South Yorkshire Pensions Authority is protecting itself against a major market fall
The local authority pension fund recently bought protection for its £2.6bn equity portfolio ahead of its 2019 valuation. Stephanie Baxter looks at how the strategy works
North East Scotland LGPS grants HSBC custody mandate
The £4.2bn North East Scotland Pension Fund (NESPF) has appointed HSBC Securities Services as its custodian, replacing BNP Paribas.
Five stories you may have missed this week
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.
LGPS assets grew 21% in 2017 as scheme enjoyed 20% returns
The Local Government Pension Scheme (LGPS) had a markedly improved year in 2017 as high returns helped increase assets to £263bn as of March 2017.
Local gov minister: We must now work on delivering the benefits of pooling
Local government minister Rishi Sunak says his department's priority is to make a success of local government pension pooling, warning there is no room for complacency.
LGPS Central: Becoming an asset manager
Following its April launch, the Midlands pool is well on the road to becoming a full-service asset manager. Andrew Warwick-Thompson speaks to Stephanie Baxter about the challenges of hiring and maintaining relationships
