PP finds out why the scheme is looking to the Netherlands for help
A group of local government pension funds in the Midlands have launched plans to set up a multi-asset investment pool to meet the government's plans to cut costs.
The local government pension scheme's (LGPS) reported investment costs have increased to £748m and charges per member have more than doubled in six years, according to a report.
The Pensions Regulator (TPR) has told public sector schemes to improve their governance standards after research found just 28% had a plan to comply with recent reforms.
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.