Tag Archives: LGPS
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
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
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
Should LGPS help pay our council’s bills?
Council tax bills are capped by Government so if the cost of services exceeds the defined contribution from council tax payers, a local authority can only cut services. In this argument. I argue that rather than bring down council tax … Continue reading
Enthusiasm can get you there – LGPS at LGC Leeds
I was sitting at a reception at the end of a packed day of debate that included a dance class and intense discussion. Into the room walked Tom McPhail – looking bemused. Within minutes he was listening to a … Continue reading
How smart pensions save councils millions
The next time you look at your council tax bill, think about this! Thanks to my friend Shaun Tetley for this article which first appeared in the Management Journal. Portsmouth City Council Save Over £1.3million with Cost-Effective Employee Savings Scheme … Continue reading
Why LGPS is pension’s poster child
No pension scheme had a good 2022, but some survived a bad year better than others. Of funded schemes, LGPS emerged with flying colours. Amongst public sector schemes, being valued with reference to gilts rather than the SCAPE rate, did … Continue reading
LGPS – a model investor for the private sector?
It’s obvious Those familiar with the “au-pairs” will get the reference, in the eighties it was obvious that men and women got different treatment , though they were equal in the eyes of God (or so I thought). I think … Continue reading
Steve Webb, fresh from the Mansion House – 10.30 today at Pension PlayPen
Steve is one of Britain’s premier pension commentators , having been Minister for Pensions during the Coalition. Now he’s a consultant for LCP and he appears on every platform from the Martin Lewis Money Show to the Work and Pensions … Continue reading
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Tagged CDC, DB, dc, Jeremy Hunt, LGPS, Mansion House, pension, Steve Webb
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LGPS shows Workplace DC a clean set of heels
LGPS – the benefits of maturity One of my aims for spending three days with the LGPS crew this week was to see what a fully functioning investment community intent on ESG and levelling up – looked like. I can … Continue reading