All LGPS articles – Page 5
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NewsGovernment plots LGPS consolidation through Pension Schemes Bill
Chancellor Rachel Reeves has announced plans to merge local authority pension funds into a “handful of megafunds” to boost their capacity to invest in infrastructure and local assets.
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NewsLGPS consolidation: Warning over loss of investment autonomy
With the chancellor set to announce plans to accelerate consolidation among local government pensions, industry commentators say care should be taken to secure progress already made.
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NewsWhat the LGPS expects from the Mansion House speech
Pensions Expert’s sister publication LAPF Investments surveyed members of the LGPS community to gauge expectations ahead of Rachel Reeves’ Mansion House speech.
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NewsLGPS update: Border to Coast invests in UK clean energy
Border to Coast has made the first investment from its UK-dedicated investment portfolio launched earlier this year, while ACCESS has reached £50bn in pooled assets.
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NewsMandating UK investment would be ‘huge mistake’
Timing of investments into assets such as private equity can play a big role in determining eventual returns, conference panellists argue – so forcing investment will not work.
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NewsTyne & Wear, Teesside to create admin ‘centre of excellence’
The Tyne & Wear and Teesside pension funds have agreed a partnership to establish a shared administration function.
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OpinionWhy the LGPS doesn’t need to be forced to buy UK
Rachel Reeves is considering a “Canadian” model for local government pensions investment. GLIL’s Ted Frith supports the idea of galvanising UK infrastructure investment but argues that the mechanism to achieve this already exists.
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NewsLAPF Investments Awards: The winners revealed
Find out who took home the trophies from the 10 LAPF Investments Awards, recognising excellence in the Local Government Pension Scheme.
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NewsLGPS update: ACCESS, LGPS Central allocate to real estate strategies
New mandates include an impact real estate strategy and more than £2bn worth of UK and global real estate investments.
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NewsMerseyside strikes £200m bulk annuity deal with Aviva
The deal, covering 2,500 scheme members, is just the third time an LGPS fund has entered the bulk annuity market.
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OpinionEditor’s notes: The auto-enrolment open goal
Pensions Expert editor Nick Reeve asks: is the government overthinking the Pensions Review?
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NewsLGPS latest: ACCESS seeks direct lending managers
The £45bn ACCESS Local Government Pension Scheme (LGPS) pool has launched a search for managers for two senior secured direct lending strategies worth a combined £350m.
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NewsWales pool awards £2bn property mandate to Schroders
Appointment concludes “majority” of private markets appointments for the Welsh LGPS pool.
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FeaturesAre Canadian pension funds the right template for the LGPS?
The chancellor wants UK pension schemes to learn from their Canadian counterparts when it comes to investing in UK infrastructure. But Canadian schemes are themselves under pressure for a perceived lack of domestic investment.
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NewsLGPS urged to deploy record £45bn funding surplus
The Local Government Pension Scheme ended the first half of 2024 with a record £45bn funding surplus, according to Isio.
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News‘Fragmentation and waste’: Government sets sights on LGPS
The government has targeted a reduction in “fragmentation and waste” within the Local Government Pension Scheme (LGPS), as part of the first phase of its much-anticipated Pensions Review.
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NewsLGPS eyes upgrade to cost transparency system
The Local Government Pension Scheme (LGPS) is exploring a potential upgrade to its investment cost monitoring system that could include the use of machine learning tools.
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FeaturesThe increasing appetite for nature-based investment
A poll by the Society of Pension Professionals has found growing interest in nature-related risks and opportunities as momentum grows globally.
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NewsACCESS pool backs L&G housing fund with £125m
The £34bn ACCESS local authority asset pool has allocated £125m to a new affordable housing fund launched by Legal & General (L&G).
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NewsUSS, Brunel to help shape National Wealth Fund
The UK’s biggest private sector pension scheme and one of the eight local authority pension fund pools are among the members of a taskforce set up by the government.