LGPS

The government suffered a major High Court defeat after guidance forcing the LGPS to invest in line with UK foreign policy was deemed unlawful. Stephanie Baxter finds it could have far-reaching consequences.

Unison has passed a motion that says it will seek to divest the Local Government Pension Scheme (LGPS) from fossil fuels over the next five years.

The West Midlands Pension Fund is well on the way to full transparency, and has already used it to challenge managers on fees and exit high cost funds, CIO Jason Fletcher tells Stephanie Baxter.

Stephanie Baxter says the launch of a transparency code shows the balance of power is finally starting to move in the direction of investors.

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.

Labour peer Lord Hutton has said there is nothing positive to say about his party's manifesto, which makes a "delusional" pledge to freeze increases in the state pension age.

The Pensions Regulator (TPR) has warned that governance and administration standards are still lacking across the Local Government Pension Scheme (LGPS).

The Local Government Pension Scheme Advisory Board (SAB) has launched a transparency code to help schemes get a better handle on their costs and fees.

The funding gap of the Local Government Pension Scheme (LGPS) has improved by £9.2bn since 2013 but last year's difficult market conditions reduced returns to just 0.1%.

This week's top stories included coverage of Labour's leaked manifesto and a settlement being reached in the long-running Nortel Networks saga.