LPFA

Wandsworth hits back at London Pension Fund Authority criticism.

Naomi Rainey looks at the arguments for and against merging local government pension scheme funds

Wandsworth Council has criticised London Pension Fund Authority's proposals to merge the capital's local government pension scheme funds.

Pooling London's local government pension scheme assets under London Pension Fund Authority's investment strategy would erode funds' value by £1bn, Wandsworth Council says.

Croydon Pension Fund is the latest local government pension scheme to add infrastructure to its investment portfolio.

The Department for Communities and Local Government has raised the limit for local government pension funds' investment in limited partnerships from 15% to 30%, paving the way for more exposure to infrastructure.

London Pensions Fund Authority chairman Edmund Truell has confirmed the capital's public sector schemes will be consolidated into a single fund which will invest heavily in local infrastructure.

The London Pensions Fund Authority has joined the list of founding investors in the Pensions Infrastructure Platform.

Pension Insurance Corporation founder Edmund Truell has been appointed as the chairman of the London Pensions Fund Authority.

Local Government Pension Scheme investment restrictions could be scrapped as part of the government's drive to boost scheme investment in infrastructure, PP has learned.