“a single fund for Scotland could save £100m a year, according to Lothian Pension Fund by getting economies of scale, bringing some investment management inhouse, and exposing the vast hidden fees which are charged at every opportunity. A bigger single fund could also improve the “Environment, Social and Governance” (ESG) of investments, helping to drop fossil fuel investments and invest more ethically. It could even help more local investment using inhouse expertise.”
We can do better and branches will continue to inform and lobby politicians for change.
Other articles include: Pensions Seminar, Pensions and Climate Justice, Defending LGPS membership, Social Housing Pension Scheme and more.