Investing local government pension funds in infrastructure

Avid readers of Walker Morris updates may recall that we have written about this issue previously, first in 2010 and again last year. The government has now agreed with our view that, with the demise of the private finance initiative, new ways of investing in regeneration schemes are needed, and has recently changed the legislation to make it easier for local government pension funds to invest in infrastructure projects. 

This is an updated version of last year’s article because it is still worth reiterating that local government pension schemes need to be mindful of the legal framework governing what and how they can invest. Recently, local government minister Brandon Lewis announced a consultation will take place later this year on the Local Government Pension Scheme  arrangements that includes a root-and-branch review of the current investment regulations so there may be further relaxation in the future…

If you are registered and logged in to the site, click on the link below to read the rest of the Walker Morris briefing. If not, please register or sign in with your details below.

Briefings from Walker Morris

View more briefings from Walker Morris

Analysis from The Lawyer

View more analysis from The Lawyer

Overview

Kings Court
12 King Street
Leeds
LS1 2HL
UK
http://www.walkermorris.co.uk

Turnover (£m): 42.00
No. of Lawyers: 181