Local Government: Pensions
(asked on 7th November 2016) - View Source
Question to the Department for Levelling Up, Housing & Communities:
To ask the Secretary of State for Communities and Local Government, what steps his Department has taken to encourage more local government pension schemes to be managed jointly.
This question was answered on 14th November 2016
The most recent data on local government pension scheme costs are at: https://www.gov.uk/government/statistics/local-government-pension-scheme-funds-for-england-2015-to-2016
The Project POOL report prepared for a number of local authorities by Hymans Robertson estimated in January 2016 that annual savings from pooling investments in the scheme could reach £200-300 million in ten years.