Pensions
Woolas backs rough sleeping fund
Former local government minister Phil Woolas has backed a social impact fund that promises to house 2,000 rough sleepers by the end of 2020.
Council to take pension administration back from Surrey
Kensington & Chelsea LBC will take its pension scheme administration in-house from April following issues with Surrey CC’s delivery of the service.
Council pension funds to 'double down' on corporate governance
Council pension fund investors have vowed to ‘double down’ on demanding the highest standards of corporate governance from boards despite the pressures caused by COVID-19.
Supreme Court blocks Whitehall pensions interference
Government attempts to prevent councils boycotting Israel through their pension schemes have been blocked by the Supreme Court.
Pension funds urge Barclays to go further on climate action
Two local government pension funds have urged Barclays to go further on its climate commitments at its annual meeting next week.
Transparency tools made available to pension schemes
The first standalone system to provide information on costs from different investment managers to every local government pension scheme (LGPS) and pool has been made available.
Coronavirus fraud warning
Finance experts have warned coronavirus could bring an increased risk of fraud.
New sustainable fund for pension pool
The London collective investment vehicle (LCIV) has launched a new fund that offers pool members the opportunity to exclude investments in fossil fuels, tobacco and weapons.
Experts' warning over McCloud
Implementing and communicating changes that address age discrimination in the local government pension scheme (LGPS) will be ‘extremely challenging,’ experts have warned.
'Low pace' of London pension pooling could increase fees
London’s boroughs could have to pay an extra £20,000 fees for a collective investment vehicle (CIV) to make up for the ‘low pace’ of pooling.
Barnet to appoint new pension fund
Barnet LBC is expected to approve the appointment of the West Yorkshire Pension Fund to administer its own scheme.
New pension fund to invest in London
Three major London pensions organisations will launch a fund investing in housing, infrastructure and business in the capital.
Pension partnership in asset manager threat
The £30bn Brunel Pension Partnership has launched a combative new climate policy that threatens to exclude asset managers if they fail to raise their game.
Brum to save millions from up-front pensions payment plan
Birmingham City Council will pay three years of pension fund contributions up front to save more than £17m, senior councillors agreed this morning.
Pension funds pile pressure on Barclays over fossil fuel financing
Four pension funds will pile pressure on Barclays to phase out its financing of fossil fuel companies.
LPGS Scotland is in a 'strong financial position’
The first formal review of the 15 funds in the Local Government Pension Scheme (LGPS) Scotland has concluded that it is in a strong position overall.
Peer review proposal for pensions
The Local Government Association peer review programme could be expanded to include council pension schemes, a new report has suggested.
Kent to access Woodford investment from January
Kent CC’s pension fund will begin to get access to its troubled investment in the frozen Neil Woodford Equity Income Fund in January.
Pension invests in green fund
A council pension scheme has become one of the first to invest in a new ‘green’ fund which supports low carbon technology.
Kent blocked from Woodford fund until December
Neil Woodford’s troubled investment fund has dropped nearly 20% in value since investors - including Kent CC’s pension fund - were blocked from accessing their money four months ago.
