Mark Conrad Dan Peters 08 June 2023

Pension figures lobbying over active management

Pension figures lobbying over active management image
Image: Aaban / Shutterstock.com.

Council pension figures are continuing to lobby for active management in case the Treasury renews pressure on the scheme’s funds to use cheaper passive investment.

The Treasury had reportedly been keen to push funds from active management - which seeks to take advantage of market changes - towards passive management, which is designed to broadly perform in line with the market.

It is understood to have recently cooled on the idea.

However, Philip Pearson, head of local government pension scheme (LGPS) investments at consultancy Hymans Robertson, which previously suggested £420m could be saved in investment fees and transaction costs annually by moving all liquid assets to passive management, said the debate was not over.

Mr Pearson said: ‘There’s a greater consciousness of risk and active risk is one of those you can take, but you should only do it if you’re pretty confident that you’re going to be rewarded.’

To continue reading visit The MJ (£).

Sign up here to receive our free daily news and jobs bulletin.

What’s happening inside the LGPS? image

What’s happening inside the LGPS?

Get the most informed take on the challenges and opportunities that substantial reform will bring at this year’s PLSA Local Authority Conference.
SIGN UP
For your free daily news bulletin
Highways jobs

Senior Project Manager (Regeneration)

West Yorkshire Combined Authority
£49,359 to £56,057 per annum (pay award pending) – Grade 9
With ambitious goals ahead, we need dedicated individuals who are ready to make a real impact as part of our expanding Housing team Leeds / Hybrid
Recuriter: West Yorkshire Combined Authority

Information Governance Officer

Essex County Council
£28349.00 - £33351.00 per annum + pension
Information Governance OfficerPermanent, Full Time£28,349 to £33,351 per annumLocation
Recuriter: Essex County Council

Information Governance Officer

Essex County Council
£28349.00 - £33351.00 per annum + pension
Information Governance OfficerFixed Term, Full Time£28,349 to £33,351 per annumLocation
Recuriter: Essex County Council

HR Advisor - Pay & Policy (Career Grade)

Wakefield Council
Grade 9 - Grade 10, Career Grade, 24 hours, Permanent
Are you ready to make a difference and shape policies that foster a high performing and inclusive workplace? Wakefield, West Yorkshire
Recuriter: Wakefield Council

Leisure Support Assistant

Wakefield Council
£12,013.50 - £12,202.00, Grade 3, 18.5 hours, Permanent
Are You Ready to Make a Difference in Your Community? Wakefield, West Yorkshire
Recuriter: Wakefield Council
Linkedin Banner