Two council pension ‘pools’ forced to merge as UK ratchets up overhaul – Sky News: The Latest News from the World
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9 Articles
Moment of truth arrives for pension pooling - portfolio institutional
Given the number of initiatives the government has for the local government pension scheme (LGPS) system there was always going to be a moment of truth where the government instigated something that conflicted with the pension pools. That moment seems to have arrived, with the pensions minister Torsten Bell and minister for local government Jim McMahon writing to tell two pools – Access and Brunel Pension Partnership – to merge with another LGPS…
Two council pension ‘pools’ forced to merge as UK ratchets up overhaul – Sky News: The Latest News from the World
Stay informed with free updates Simply sign up to the Pensions myFT Digest — delivered directly to your inbox. Two of the eight vehicles that manage pension assets for town halls in England and Wales have been told they must merge, marking the biggest overhaul of Local Government Pension Scheme “pools” for a decade. ACCESS […]
Ministers tell two LGPS pools to merge
The government has rejected plans for the future of two Local Government Pension Scheme pools and told their partner funds to join other pools. Access and Brunel Pension Partnership, which manage assets worth £45bn and £35bn respectively, received the news in a letter from pensions…The post Ministers tell two LGPS pools to merge appeared first on Local Government Chronicle (LGC).
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