Local Government Pension Scheme invests assets domestically in England and Wales
1 report, 1 independent
Updated Oct 16
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What happened
The Local Government Pension Scheme (LGPS) is now investing its assets domestically in England and Wales. The LGPS is described as one of the UK’s most important institutional investors, paying promised pensions to more than 7.6 million local workers.
From lgcplus.com
Why it matters
The LGPS invests at scale in the UK economy, funded by contributions from employees and participating employers, including councils and charities. The scheme operates as a long-term investor, distinct from a sovereign wealth fund.
From lgcplus.com