Essex County Council has been announced as the host authority for the ACCESS Support Unit (ASU). The ASU will be led by a Programme Director and will include a Contract Manager, technical leads and administration support. The Programme Director will be responsible for implementing ACCESS’s strategy and for the day to day performance of the third party […]
Press Release: Essex is announced as Host Authority and recruitment begins for a Programme Director
ACCESS announces FCA approved sub-fund
Link Fund Solutions Ltd, the ACCESS pool operator, has received approval from the Financial Conduct Authority (FCA) for a global equity sub-fund for the pool. The first global equity sub-fund is due to launch in October 2018 with an investment of £1.6bn by three of the ACCESS LGPS pension funds, resulting in anticipated savings of £1.5m […]
ACCESS appoints Operator
The ACCESS pool has appointed Link Fund Solutions Ltd as its pool operator. Press Release ACCESS Operator Procurement.
ACCESS consolidates passive equity mandates
Press Release – ACCESS Pool passive contract award The Local Government Pension Scheme (LGPS) ACCESS pool (made up of eleven LGPS Shire County Administering Authorities) has consolidated its passive equity mandates, resulting in estimated savings of £5m per annum. Read the full press release here.
ACCESS pool seeks market input for external operator search
The ACCESS asset pool being formed by 11 Local Government Pension Schemes is carrying out a “market engagement process” to help it with the potential launch of a tender for an external provider of the pool’s investment vehicle. Read the full article here.
Eleven LGPS funds join ACCESS as pooling plans move forward
Plans for a £33bn asset pool across 11 local government pension schemes have been formally launched following last month’s submission of an outline plan to government. Read the full article here
LGPS pooling plans submitted to ministers
Local authority pension schemes will today submit plans to government to pool their assets into so-called British Wealth Funds, with seven proposals now set to be submitted for approval. At the Conservative Party conference last October, chancellor George Osborne first called for the assets of the 89 Local Government Pension Scheme funds in England and Wales […]