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COVID volatility hits LGPS value

The market value of the Local Government Pension Scheme plummeted by £15bn in the last financial year.

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By Martin Ford | 09 November 2020

The market value of the Local Government Pension Scheme (LGPS) plummeted by £15bn in the last financial year.

According to the latest figures published by the Ministry for Housing, Communities and Local Government (MHCLG), the LGPS was valued at £272.4bn at the end of March 2020, a decrease of £14.8bn or 5.1%.

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Martin Ford

Popular articles by Martin Ford

  1. Goodbye to all that
  2. GLA developer stuggles with £300m debt
  3. Mansfield names next chief executive
  4. EXCLUSIVE: Public back council funding hike
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