Pensions

• £46bn pension fund appoints new chairman

  The Northern Pool, one of the country’s largest investment funds, has appointed a new chair after the last chairman unexpectedly died at Christmas.

  

• ‘Precarious’ work could put council pension investments at risk

  Investors should be wary of investing pension funds into companies that use precarious work practices, a new report has warned.

  

• Local Pensions Partnership launches new £320m fund

  The Local Pensions Partnership (LPP) today launched its first fund dedicated to investing in fixed income as an asset class.

  

• London council approves £150m low-carbon pension investment

  Southwark Council has agreed to move £150m of its pension fund into a low-carbon investment.

  

• Government pledges to protect public services following collapse of Carillion

  One of the country’s biggest construction and facilities management companies, Carillion, has gone into liquidation after struggling for the last few months.

  

• Council pension schemes purchase shares in Anglian Water

  Five council pension schemes have acquired, along with a separate company, a 15% share in Anglian Water (AWG).

  

• Britain’s record on fighting poverty ‘at risk’

  Britain’s record on tackling poverty is 'at risk of unravelling', campaigners have warned.

  

• Berkshire Pension Fund to pool assets with LPP

  The Berkshire Pension Fund has agreed to join Local Pensions Partnership (LPP) in order to pool assets and manage its liabilities.

  

• Council pension funds benefit from climate change investment policy framework

  The first climate change investment policy framework has been launched for local government pension funds.

  

• Councils investing £16bn of pensions into fossil fuels

  More than £16bn of council pension funds have been invested into fossil fuel companies, new research has revealed.