#lgps — Public Fediverse posts

I can see the advantages of the LGPS being one scheme rather than many. But as someone with a family member whose pension fund was raided by Mugger Murdoch, our pension pots being viewed as resources to fund our employers’ activities is worrying…

Also, it has not been a final salary scheme in over a decade.

https://www.theguardian.com/money/article/2024/aug/07/why-does-rachel-reeves-want-to-copy-canadas-pensions-model

#LGPS #Pensions #Grauniad

Lloyd Whitworth of Surrey Council saying the quiet part out loud: “At the moment, our biggest investment in #renewable energy is through #Shell. Even if we thought they were #StrandedAssets, they’d still be a buy now"🤦‍♀️ https://www.netzeroinvestor.net/news-and-views/surrey-pension-fund-theres-a-balance-of-power-shift-on-net-zero #NetZero #BigOil #LGPS

Lloyd Whitworth of Surrey Council saying the quiet part out loud: “At the moment, our biggest investment in #renewable energy is through #Shell. Even if we thought they were #StrandedAssets, they’d still be a buy now"🤦‍♀️ https://www.netzeroinvestor.net/news-and-views/surrey-pension-fund-theres-a-balance-of-power-shift-on-net-zero #NetZero #BigOil #LGPS