Written Question·Ministry of Housing, Communities and Local Government·UIN 120478

Local Government Pension Scheme

Tabled: 12 March 2026

Answered: 18 March 2026

Question

David Simmonds

Conservative — Ruislip, Northwood and Pinner

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

Alison McGovern

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...

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