Consultancy challenges ministers over pension pooling drive

By Mark Conrad | 29 August 2023

One of the Local Government Pension Scheme’s (LGPS) biggest consultancies has challenged ministers to provide clearer evidence of the benefits of larger pooled funds.

Experts at Hymans Robertson also believe LGPS funds should maintain control of their strategic asset allocations – questioning a potential Whitehall edict that funds must invest 10% in private equity.

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