questionText: To ask the Secretary of State for Housing, Communities and Local Government, with reference to her Department's press release entitled Pension megafunds could unlock £80 billion of investment as Chancellor takes radical action to drive economic growth, published on 13 November 2024, whether the assets and liabilities of amalgamated local authority pension funds will remain with councils or become part of the Government's accounts.
answerText: The Government is consulting on proposals relating to asset pooling in the Local Government Pensions Scheme (LGPS) England and Wales, following extensive engagement with sector stakeholders including the LGA.The proposals in the consultation do not includ...
heading: Local Government: Pension Funds