With Pension Awareness Week upon us, Nick Reeve looks at a crucial part of the pensions industry that is finally getting the positive attention it needs.
The report, published by impact advisory firm The Good Economy, was commissioned in response to the government’s drive for pension schemes to invest more in the UK.
Eight LGPS funds are still looking to find a new home by the end of this month, after the government ordered the Brunel and ACCESS pools to be disbanded.
The government has proposed to remove a paragraph in the Pension Schemes Bill that would have given it the power to direct investments by LGPS asset pools.
More than 270 amendments to the Pension Schemes Bill have been put forward for consideration by the parliamentary committee scrutinising the draft legislation. Pensions Expert looks at some of the most significant proposals.
The allocation is within the pool’s Global Value-Add Real Estate fund, launched in late 2023 with an initial £370m in assets under management.
The £32.2bn Greater Manchester Pension Fund (GMPF) has partnered with Moorfield Group to develop and operate a £120m build-to-rent asset in Trafford, Manchester.
Pensions UK has issued a robust defence of the Local Government Pension Scheme after the Reform Party attacked charges and costs across the system.
The pensions minister has tabled a series of amendments to the Pension Schemes Bill aimed at bringing Scottish Local Government Pension Scheme funds into the scope of the bill.
Gillian Taberner is to become the £11.1bn pension fund’s first female director when she takes up the role in December.
The retirement industry trade body is to step up lobbying against investment mandation when the Pension Schemes Bill returns to parliament next week.
GLIL Infrastructure has teamed up with UK asset manager Equitix and Austrian construction firm Strabag to run a major upgrade of the Haweswater Aqueduct in the Lake District.
Around 20,000 members of the Local Government Pension Scheme fund will be polled next month after months of campaigning.
Plus: Legal & General and Federated Hermes merge property funds to create £4.7bn vehicle.