Mike O’Donnell told the Local Govt Chronicle this week that the eight pension pools would have a key role enabling LGPS funds to reach net zero by creating a centre of expertise within the pool rather than this needing to be created in each LGPS fund. This will allow the creation of appropriate funds for pension funds to invest in, as well as support for the very complex reporting requirements in this area. London CIV has set its target at 2040, which is ambitious but also provides flexibility to all of its clients.
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