Call for rethink over 'flawed' investment crackdown

By Dan Peters | 09 December 2016

Disappointed council leaders have called for a rethink of ‘flawed’ proposals that could ‘severely limit’ the investment options of half of UK local authorities.

The Local Government Association (LGA) will warn that a Financial Conduct Authority (FCA) plan to reclassify the status of councils and their pension funds as retail clients has ‘many serious difficulties’.

Want full article access?


Receive The MJ magazine each week and gain access to all the content on this website with a subscription.

Full website content includes additional, exclusive commentary and analysis on the issues affecting local government.

`

Already a subscriber? Login

Finance Local Government Association Pensions Legislation EU
Top

Coronavirus Update

x

In light of the ongoing coronavirus crisis, some of you may not be able to receive your copy of TheMJ magazine. If you’d like to change your delivery address, please contact our subscriptions department at customer@hgluk.com
Read The MJ for free

OR
Keep up to date by subscribing to our daily newsletter

theMJ products