MHCLG recently released detailed March 2025 data (i.e., SF3 data) for the English and Welsh Local Government Pension Scheme.  As well as data on contributions, expenses, and the member profile for each fund, it is also possible to calculate investment performance from the data both in aggregate and by fund. Pooling is not (yet) saving funds money At a Scheme level, it is not surprising that overall expenditure has risen by about 9% over the past twelve months.  The bulk of ex

2025 funding levels have risen Actuarial advisers are now giving their first estimates of 2025 funding levels to LGPS funds in England...

UPCOMING EVENTS 2 December - William and Arthur will be attending the SPS Nordic Institutional Investors Summit in Helsinki. PAST EVENTS 4 November  - William attended the Room 151 Investment Forum  in London. 22 October  - William attended the SPS Local Authority Pension Funds Conference . 11 September  - William was a panellist at the LGC Investment Summit  on the session on post-valuation strategies. 30 June  - William attended the LAPSIF Conference in Hertfordshire . 2

A couple of months ago, I wrote an article about markets suggesting that in the short-term equity bulls were more likely to be right than...

( this article appeared in Room 151 on 13th August) Local Investment LGPS Funds are starting to grapple with the complexities of...

We held our third Linchpin Salon discussion in the spectacular Council Room at King’s College, London on 16th July 2025.  We were also...