Submitted on Friday 19th February 2016
Published on Friday 26th February 2016
Current status: Closed
Closed: Friday 26th August 2016
Signatures: 47
Tagged with
Stop undue Government interference in Local Government Pension Fund investment.
Pension fund regulation should ensure responsible investment decisions to pay pension benefits.
The Government are proposing to direct investment policies of Local Government Pension Funds, surpassing Uk pension fund Investment Regulations.This may not be in the best interest of scheme members.
References
Paper by the Department for Communities and Local Government entitled Investment Reform Criteria and Guidance. November 2015
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