LGPS

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.

Andrew Warwick-Thompson is to step down from his role as chief executive of LGPS Central next spring, the £45bn pool has announced.

The £30bn Brunel Pension Partnership has appointed Hermes Equity Ownership Services (EOS) to provide voting and engagement services.

The LGPS Access local authority pool has received approval from the Financial Conduct Authority (FCA) for its global equity sub-fund.

Brunel Pension Partnership has selected MSCI to provide benchmark data for £10bn of its equity allocation.

The Brunel Pension Partnership has transitioned £6bn of local government pension scheme (LGPS) assets to Legal & General Investment Management (LGIM).

Border to Coast Pensions Partnership has appointed Dutch fund manager Robeco to oversee its shareholder voting and corporate engagement.

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.

The London Borough of Lambeth Pension Fund has signed up to a £42m private-rented sector investments strategy with Invesco Real Estate.

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