London Pensions Fund Authority

Proposals to implement a new LGPS with lower accrual rates could be used as a short-term fix to generate millions of pounds in savings required from the scheme by Treasury next year.

The £4.1bn London Pensions Fund Authority has boosted its shareholder voting and engagement by handing £1bn in global equities to Dutch fund manager Robeco.

The Treasury has agreed to hold separate negotiations with unions on reforms to the Local Government Pension Scheme after acknowledging its funded status made it different to other public sector schemes.

UK - Treasury plans to increase public sector employee pension contributions by 3% could destroy the Local Government Pension Scheme, the London Pensions Fund Authority warned.

Treasury plans to increase public sector employee pension contributions by 3% could destroy the Local Government Pension Scheme, the London Pensions Fund Authority warns.

Contribution rates for the Merseyside Pension Fund will increase to 18.1% after the scheme's triennial valuation revealed a 2 percentage point drop in funding levels.

Public sector pension schemes should move to a career average revalued earnings system capped at pay of £75,000, the London Pensions Fund Authority says.

Matrix Group; Towers Watson; Ruffer; Nikko Asset Management; the Association of British Insurers; London Pensions Fund Authority; Mercer

Mayor of London Boris Johnson has appointed four new London Pensions Fund Authority board members.

The London Pensions Fund Authority is considering teaming up with other schemes to help improve its shareholder engagement in emerging markets.