LGPS

Local government funds should ditch prescribed governance models and move instead towards an outcomes-based approach with minimum standards, a report has proposed.

The changes likely to be required in public sector pension schemes following the McCloud judgement could have significant financial consequences for public sector outsourcing contractors, Aon says.

LGPS Central has launched an active, multi-manager emerging markets equity fund.

The City and County of Swansea Local Government Pension Scheme (LGPS) will swap around a quarter of its assets to a low-carbon fund by the end of the month, it has announced.

There is mounting pressure on schemes to engage more actively with firms in which they invest. Charlotte Moore takes a look at the different approaches being used.

The government must find an additional £4bn of annual funding for public service pensions after it was denied leave to appeal a case concerning age discrimination.

The West Yorkshire Pension Fund (WYPF) has extended its 16-year partnership with Linedata, selecting the firm to lead its digital and back-office transformation programme.

The £9bn Merseyside Pension Fund (MPF) has pledged £30m of scheme assets to a private direct lending fund designed to support small businesses and the UK economy.

Local Government Pension Scheme (LGPS) funds must set investment objectives after the competition watchdog expanded those caught by its market investigation, but more clarity is needed, Hymans Robertson has said.

Northern LGPS has appointed Councillor Gerald Cooney as chairman, replacing Paul Doughty who has held the role on an interim basis since January.