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Public sector pensions

  • Wednesday, 28 May, 2025
    Pensions industry
    UK confirms powers to force pension funds to back British assets

    Chancellor hopes plan to establish ‘megafunds’, circumscribed by binding allocation targets, will drive returns for savers

    UK chancellor Rachel Reeves
  • Monday, 19 May, 2025
    UK local government finance
    Gauging Reform UK’s pension power

    How to move funds and influence people

  • Tuesday, 13 May, 2025
    Brace for Reform UK’s war on ‘woke’ pension investments

    Farage & Co could make a big splash at the pool party

    Montage shows Reform leader Nigel Farage against a data backdrop
  • Tuesday, 22 April, 2025
    Pensions industry
    Pension groups cut back on pioneering private equity investments

    Canadian pension funds are increasingly favouring partnerships with buyout firms

    A woman walks past the entrance of the headquarters of the Caisse de dépôt et placement du Québec
  • Tuesday, 11 March, 2025
    UK politics
    UK minister in ‘active discussions’ with pension funds to invest more in private markets

    Torsten Bell says government is ‘encouraging, not instigating’ investment in wider range of assets

    Torsten Bell
  • Wednesday, 12 February, 2025
    Pensions industry
    Local Government Pension Schemes are heading for an embarrassment of riches

    How to scheme it

  • Wednesday, 5 February, 2025
    UK local government finance
    Kensington and Chelsea council to stop paying into staff pensions

    Move comes as cash-strapped local authorities are expected to reduce contributions

    A street sign stands against a backdrop of red brick residential properties in the Kensington and Chelsea borough of London
  • Monday, 3 February, 2025
    UK local government finance
    England’s councils expected to cut contributions to staff pensions

    Local government scheme is in surplus by £85bn, according to consultant Isio

    The Birmingham City Council building in central Birmingham, UK
  • Thursday, 16 January, 2025
    UK local government finance
    UK councils say government ‘can’t have it both ways’ on pension reform

    Town halls in England and Wales warn that requirement to take ‘principal advice’ from pools could create conflict of interest

    Town hall door sign
  • Sunday, 5 January, 2025
    Pensions industry
    Should the UK really look to Canada’s pension system as its model?

    Chancellor Rachel Reeves wants to learn lessons from the ‘Maple 8’ — but they have their own problems

    Commuters cross Bay Street in Toronto
  • Monday, 23 December, 2024
    News in-depth
    The simple secret behind the UK’s best performing council pension fund

    Banker driving Kensington and Chelsea’s stellar returns explains why he fears the chancellor’s ‘megafunds’

    Quentin Marshall
  • Monday, 18 November, 2024
    Pensions industry
    Government could force pension funds to invest more in UK assets

    Further measures may be taken if ‘megafund’ reforms fail to boost domestic investment, says pensions minister

    Emma Reynolds, UK pensions minister
  • Friday, 15 November, 2024
    LexPensions industry
    Reeves must go bigger and bolder on local pensions reform Premium content

    If the UK chancellor believes in the benefits of scale, it is not obvious why 8 is the magic number

    Rachel Reeves sits at a table during her Mansion House speech in London
  • Thursday, 14 November, 2024
    Toby Nangle
    Reeves seeks scale to solve UK pension investment problem

    Chancellor is trying to remove some of the inefficiencies from operating smaller local authority funds

    Pound coin and notes
  • Wednesday, 13 November, 2024
    Pensions industry
    Reeves to force council pensions to consolidate into 8 ‘megafunds’

    Chancellor to target minimum size for multiemployer defined contribution schemes of £25bn to £50bn

    Chancellor Rachel Reeves talks to the Financial Times at biotech firm Quell in White City in west London on November 13
  • Monday, 11 November, 2024
    The race to build a £354bn British pensions behemoth

    Reeves’ Mansion House speech will push for faster integration of council retirement schemes

    Manchester, Liverpool and Bradford town halls
  • Friday, 8 November, 2024
    UK economy
    Reeves plans to use £350bn council pension pot to boost UK economy

    Chancellor to set out reform to fragmented local authority funds in Mansion House speech

    Reeves, with Mansion House in background
  • Sunday, 11 August, 2024
    LexPensions industry
    Local pensions need a hard shove towards Canada’s model Premium content

    Bulking up should allow funds to invest in wider range of UK assets, but progress towards consolidation has been slow

    Chancellor Rachel Reeves
  • Thursday, 8 August, 2024
    Pensions industry
    Sorry, but it’s time to start caring about Local Government Pension Schemes

    And we have the charts to prove it

  • Wednesday, 24 July, 2024
    Jonathan Eley
    A new pensions experiment could shake up the public sector

    Market forces get a say in United Learning’s scheme but there could be unintended consequences

    Classroom Scene Showing Pupils And Teacher
  • Saturday, 20 July, 2024
    Pensions industry
    Reeves tells town halls to use their pension funds to fuel growth

    Treasury launches review of Britain’s pensions system with threat to force local governments to co-operate

  • Friday, 19 July, 2024
    Toby Nangle
    Change is under way at last in UK pensions

    New bill tackles some pressing issues but much more reform is needed

    A man places a coin in a white piggy bank in front of a Union Jack
  • Friday, 10 May, 2024
    ExxonMobil
    US pension giant weighs vote against Exxon CEO over climate lawsuit

    Calpers concerned oil supermajor is seeking to muzzle activist shareholders

    Darren Woods, chief executive and chair of ExxonMobil
  • Tuesday, 2 April, 2024
    Fund management
    The worst job in investing has finally been filled (for now)

    Happy Gilmore

  • Friday, 15 March, 2024
    Pensions industry
    Infrastructure chief hits out at push for UK pension funds to invest more in Britain

    John Armitt says pension schemes need to ‘find the best possible opportunity’

    A Docklands Light Railway DLR train
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