London Councils to launch CIV company

London Councils is preparing to launch the private limited company that will deliver its collective investment vehicle (CIV).

By MJ Correspondent | 27 May 2014

London Councils is preparing to launch the private limited company that will deliver its collective investment vehicle (CIV).

At least 29 out of the 33 boroughs are expected to be involved in the CIV, an idea for reforming the Local Government Pension Scheme (LGPS) that has now been backed by the Government.

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Popular articles by MJ Correspondent

  1. More councils accused of publicity code breach
  2. Majority of council staff 'to cross picket line'
  3. Councils urged to invest in capital reserves
  4. Authorities 'could lose grip' on pensions reform
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