LPFA considers 'unitised' local government pensions

By Julie Henderson2009-10-02T11:45:00

[12:45 CEST 02-10] UK – The London Pension Fund Authority, which manages €3bn in assets for local authority pension plans, is investigating the possibility of creating ‘unitised’ pension plans for local government schemes which essentially ringfence an employer’s asset allocation strategy but create economies of scale in the asset management.