Biggest ever Wales pension fund to be established to 'unleash' £25bn local investment

New pool for 22 local authorities will be ‘biggest ever Welsh pension fund’

Jasmine Urquhart
clock • 2 min read
Biggest ever Wales pension fund to be established to 'unleash' £25bn local investment

The 22 Local Government Pension Scheme (LGPS) funds in Wales will be pooled together to create the “biggest pension fund in Welsh history”, representing 412,000 members.

The Department for Work and Pensions (DWP) said the newly reestablished Wales Pension Partnership (WPP) LGPS pool would "unleash" £25bn of investment by consolidating the funds' assets and setting ...

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