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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. Core Cities names chair
  2. Nottingham poised to appoint chief
  3. Scottish health and social care under 'unsustainable' pressure
  4. Social care reform funding diverted to system delivery
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