LGPS

The collective investment vehicle set up by London Councils has launched its first sub-fund just weeks after getting the regulatory green light.

Legal and General Investment Management (LGIM) has been chosen to manage £6.5bn of passive pooled investments for seven local government pension schemes (LGPS) known as the "Shires".

The government has published criteria and guidance for pooling the Local Government Pension Scheme (LGPS) into six "British wealth funds" worth at least £25bn each.

PP's quick fire guide to what the Autumn Statement means for pensions.

Lancashire County Pension Fund has made a £25m investment into a healthcare property fund as part of its long-term plans to raise exposure to real assets.

Nottinghamshire County Council Pension Fund has appointed investment advisory firm City Noble following a competitive tender.

Plans to measure LGPS funding levels consistently from 2016 will give a more realistic picture of the scheme's health status with many funds expected to come out worse, writes Stephanie Baxter

Michaela Berry and Katharine Swire take a look at the consultation into capping of public sector exit payments

Clwyd Pension Fund has undergone a restructure of its hedge fund strategy which will generate cost efficiencies and protect against volatility, following a major investment review.

LGPS funds will be reclassified as retail investors, which could lead to a major asset sell-off, increase costs, and restrict what they can invest in, finds Stephanie Baxter