LGPS Investment Reform
In the July 2015 Budget, the government announced its intention to work with Local Government Pension Scheme (LGPS) administering authorities to ensure that they pool investments to significantly reduce costs while maintaining overall investment performance.
In November 2015, the government published Local Government Pension Scheme: Investment Reform Criteria and Guidance which asked for submissions from funds on their proposals to meet the four specified criteria. The Funds response as part of a joint submission made on behalf of LGPS Central involving in total, 9 Funds can be found here.
A Q&A for members and employers of the LGPS on investment reform are available below:
Information on any decisions taken by Shropshire County Pension Fund can be found by viewing the minutes and agendas for the Pensions Committee.
As progress is made on the issue further updates will be provided on this page.