LGPS 'long way' from being forced to ditch active

By Mark Conrad | 20 September 2019

Council pension experts believe the sector is a ‘long way’ from being compelled to slash costs through passive investment management despite renewed Treasury pressure.

Secretary to the local government pension scheme (LGPS) advisory board, Jeff Houston, told The MJ it was unlikely Whitehall would compel the scheme’s 89 funds to use cheaper passive investment managers despite concerns about the cost of active investment managers.

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

Whitehall Business Finance Pensions MHCLG CIPFA Investment
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