BUSINESS

Super pools 'still have a long way to go'

The local government pension scheme (LGPS) super pools have ‘a lot of ground’ to cover if the promised savings from the shake-up are to be achieved, an expert has warned.

The local government pension scheme (LGPS) super pools have ‘a lot of ground' to cover if the promised savings from the shake-up are to be achieved, an expert has warned.

Writing for The MJ's website, international head of pensions and infrastructure segments at investment firm BNY Mellon, Paul Traynor, urged local authorities not to underestimate the change in mindset needed over the next year.

Dan Peters

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