Tag Archives: LGPS

Too easy – too long – LGPS finds the going’s now tough!

Phil Triggs: Next steps for LGPS after pool merger shock This is a great article and one I don’t want to much more than admire, it’s author- Phil Triggs is the main man in LGPS and he tells things like … Continue reading

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Companies need open banking – not LGPS – to offer staff pensions.

Those who read this blog may be supplemented this weekend by people who enjoy fire and brimstone for here is Jnamdoc opening his heart on the need for a pension system that provides pensions to everyone. This is a comment … Continue reading

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Access and Brunel told to pack it in; a taste of things to come?

Brunel and Access have been told to merge with others and  not waste time and money thinking about alternatives. This is pretty brutal stuff and the answer to separate pools is brilliantly put forward by what has been delivered over … Continue reading

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Britain not the Turkeys should win the pooling debate at LGPS

The FT finds that the 8 investment pools managing the LGPS Pension don’t want to be ONE. I am not surprised but I am disappointed. (sharing link) The eight investment vehicles that manage pension assets for town halls in England … Continue reading

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How political can LGPS get! Let’s rid it of localism.

The Andrew Gwynne affair seems to have something to do with pensions, as Michael Crick reports. Tameside runs the Greater Manchester local government scheme, the largest in the UK. The gov want it to invest for growth but local councillors … Continue reading

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Can the LGPS please set out its funding position to ordinary tax-payers.

There is a row in Birmingham between some professors and the executive of Birmingham and it has been a matter for the Birmingham Post. I wrote about it earlier in the year and was sent the paper (which being in … Continue reading

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Kensington’s pension scheme to fund Grenfell relief

The Grenfell tower still stands burnt out on Kensington’s deprived boundaries. Yesterday it was announced that the tower would be pulled down. A more important to those who live with family and friends dead from the incident is that there … Continue reading

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LGPS plans to invest and not milk hard-up councils

Are you satisfied with that your Local Government has the money to meet its obligations? I would expect council tax payers up and down Britain will have pretty strong words for the under-financing of their local authority. Were they readers … Continue reading

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Squeaky bum time for LGPS fund managers

  By any estimation, the Local Government Pension Scheme is not running as efficiently as it could and  it should. Split into 86 administrate units each running their own pot , it is supposed to get investment resources from 8 … Continue reading

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LGPS mightn’t wear its smug face much longer..

The Local Government Pension Scheme is (in funding terms) in a good place. By swerving LDI and investing in growth assets, it has achieved funding levels that could not have been imagined only four or five years ago. I reported … Continue reading

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