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LGPS consultation: funds warn of conflict of interest

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With LGPS: Fit For the Future consultation closed, initial reactions reveal a strong sentiment among the industry that the government’s proposals could result in funds not getting the best value for their money.

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While some have welcomed “overdue” reforms to pooling and local investment, others have flagged serious concerns over proposals regarding asset allocation and investment advice.

Volatile stock markets ahead of US president Trump’s ‘Liberation Day’ speech could weigh on asset price estimates for the LGPS triennial valuation.

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