As the government unveils plans that would effectively force local government pension funds to pool their investments, Stephanie Baxter looks at what could be in store.
The government has announced plans to work with the local government pension scheme (LGPS) to pool investments with the aim of significantly reducing costs.
Finding an ESG manager is not as tricky as it was
The Lancashire County Pension Fund Committee and the London Pensions Fund Authority Board (LPFA) have pooled combined assets of £10bn with the aim of saving at least £32m in costs.
The local government pension fund's Scheme Advisory Board has outlined its proposals to increase the separation between the scheme manager and host authority.
Pension funds around the globe are collaborating and cutting out the middleman, writes PP
A group of investors including two UK schemes have urged Shell to drop its membership from a US lobby group accused of being obstructive on climate policy.
The Pensions Regulator (TPR) has published a compliance and enforcement policy for public service schemes, including the Local Government Pension Scheme (LGPS).
Improving standards by cracking down on employers
Local government schemes face a "real drain on resources" in getting to grips with ethical, social and governance (ESG) risks, according to Avon Pension Fund's investment manager.