Local Government Pension Scheme
Commons · Question 120478 · Tabled 12 Mar 2026 · Ministry of Housing, Communities and Local Government · Official record
Answered 18 Mar 2026
Question
Asked by David Simmonds
To ask the Secretary of State for Housing, Communities and Local Government, what assessment has been of the potential impact of the Local Government Pension Scheme pooling has (a) increased and (b) reduced (i) administrative costs and (ii) fund performan
Answer
Answered by Alison McGovern, 18 Mar 2026
The scale and expertise of the asset pools have delivered a step change in the expertise, capacity and resilience of the Local Government Pension Scheme. Since the inception of asset pooling, the total costs reported by LGPS asset pools is £792 million, b...