WHITEHALL

LGPS prepared to take legal action over CIVs

Local government pension schemes (LGPS) could launch legal action if Whitehall pushes them to use passive investment strategies and collective investment vehicles (CIVs), The MJ understands.

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By Dan Peters | 20 January 2015

Local government pension schemes (LGPS) could launch legal action if Whitehall pushes them to use passive investment strategies and collective investment vehicles (CIVs), The MJ understands.

The Department for Communities and Local Government (DCLG) is currently analysing feedback from a consultation on its proposals for structural reform of the LGPS.

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Dan Peters

Popular articles by Dan Peters

  1. Unite members reject pay offer
  2. Ministers: Increase the pace of fixing unsafe buildings
  3. EXCLUSIVE: More than one in three have not published corporate or finance peer challenge in last five years
  4. New Homes Bonus expansion floated
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