Pensions
The deep wounds of moral injury
Nick Cole looks at the importance of being alert to ‘moral injury’ and its impact upon workforce wellbeing and retention.
Pension pool chief announces departure
Mike O’Donnell has held the role at the London Collective Investment Vehicle for the last three years.
London pension pool issues Russian investment edict
The pension pool tasked with managing investment funds for London’s local government schemes has instructed all managers to make no further investment in Russia.
Gove urges pension funds to add to Russian pressure
Levelling up secretary Michael Gove has urged local government pension scheme (LGPS) committee chairs to consider what more they can do to exert pressure on Russia.
Tightening the squeeze
Gestures, big and small, will continue to be necessary as part of the collective effort to counter Putin’s evil, writes Sir Bob Neill.
LGA under pressure over Russian pension investments
The Local Government Association (LGA) has come under pressure to push for its pension fund to withdraw its Russian investments.
Chief in council pension funds transparency call
A council chief executive has called for ‘full transparency’ from all local government pension schemes (LGPS) of holdings in Russian companies and assets.
Senior management workforce warning
Councils are increasingly struggling to recruit and retain senior managers due to demographic factors and relatively poor remuneration packages, sector workforce experts have warned.
Council wins first round of legal battle with Apple
Norfolk CC has won the first round of a legal battle with Apple, which the council claims ‘misrepresented’ the state of its business, leading to pension fund loses.
Pension schemes urged to invest in local economies
Local government pension funds will be targetted to pump billions of pounds into regional economies as part of the new Levelling Up White Paper.
Stop and think again – does the Health and Social Care Bill address the issues?
Chris J Perry looks at whether the Government should place the cash it intends putting into Health and Social Care into pensions instead, while undertaking widespread organisational changes.
Pension funds urged to help achieve green economy switch
Parliamentarians have urged local government pension funds to play an active role in achieving a ‘just transition’ to a green economy.
Pension fund stands firm on fossil fuel investments
The West Yorkshire Pension Fund (WYPF) has knocked back a call from trustee Kirklees MBC for it to stop investing in firms that produce fossil fuels.
Probing possible post lockdown pensions trends
Lawyer Helen Woodford considers how the aftermath of the pandemic could impact and shape employees’ decisions on their membership of the Local Government Pension Scheme.
Chancellor faces tough call on on care, pensions and welfare
Chancellor Rishi Sunak will need to make a series of tough choices this autumn, the Resolution Foundation think-tank has said.
Building wealth from within
Tom Lloyd Goodwin traces community wealth-building from its origins 13 years ago to the present, to both deepen understanding of the approach and inspire the uninitiated to take their first steps.
Why we want chief executives to be treated fairly
The offer of a 1.5% pay increase for chief executives is ‘a move away from arrangements that have successfully operated since 2016’, says Ian Miller.
Pensions chairman surprised at preparedness findings
The chairman of the Local Government Pension Scheme (LGPS) advisory board has expressed surprise at a survey that found most funds unprepared for a major change.
Councillors reject fossil fuel pension divestment
Wrexham CBC has voted down a motion to pressure a pension fund into shifting investment away from firms dealing in carbon fuels.
Strathclyde in divestment threat
Scotland’s largest local government pension fund will drop investments in fossil fuel firms that fail to act on the climate emergency.
