Written Question·Ministry of Housing, Communities and Local Government·UIN 26851

Local Government Pension Scheme

Tabled: 28 January 2025

Answered: 5 February 2025

Question

Kevin Hollinrake

To ask the Secretary of State for Housing, Communities and Local Government, pursuant to the Answer of 18 December 2024 to Question 18952 on Local Government Pension Scheme, what assessment she has made of the potential risk (a) to investment returns from

Answer

Jim McMahon

The Government remains committed to fiduciary duty remaining with local pension funds, who are responsible for ensuring that assets are invested in the best interests of employers and scheme members. Fiduciary duty is key to limiting political interferenc...

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