LGPS Investment PoolingAugust 4, 2016
At the Summer Budget 2015 it was announced that the Government will work with Local Government Pension Scheme (LGPS) administering authorities to reform how LGPS investments are managed.
The Government indicated that it wanted the 91 LGPS pension funds to pool their assets into around six investment pools in an effort to drive down investment costs and enable funds to develop the capacity and capability to become world leaders in infrastructure investment and help drive growth in the UK economy.
Shropshire County Pension Fund has joined with eight other Funds to create ‘LGPS Central’. The Funds are all based in the Midlands and are working together to create an invesment pool of around £35 billion.
Further information can be found on the dedicated page on this website for LGPS Investment Pooling including a Q&A factsheet for employers and members.
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