Wandsworth and Richmond Pension Committee Warned Regarding Incorrect Assumptions in Report about Impact of Investment Exclusions
UK Lawyers for Israel (UKLFI) has warned the Wandsworth and Richmond Joint Pensions Committee, ahead of its meeting on 8 June, that a report on the impact of potential investment exclusions is based on incorrect assumptions. In a letter to the Committee’s newly appointed Chair, Councillor Melanie Hampton MBE, UKLFI
Government Reaffirms Existing Restrictions on Divestment by LGPS
The UK Government has reaffirmed that its position on divestment by Local Government Pension Schemes (LGPS) and fiduciary duties remains unchanged from the existing guidance adopted in 2016 and amended in 2017. This follows concerns raised by Baroness Altmann in the House of Lords about draft investment guidance circulated to
Pensions Advisory Board Misleads
The statutory advisory board for the Local Government Pension Scheme in England and Wales has provided partial and misleading information on its website regarding a discussion with the former UNHRC Special Rapporteur, Michael Lynk, and correspondence relating to it. Michael Lynk Michael Lynk, who was then UNHRC Special Rapporteur “on
East Sussex Pensions Fund intends no action in response to letter from UN Special Rapporteur
The Chair of the East Sussex Pension Fund Committee has confirmed that the Fund has not taken any action in response to a letter sent by a UN Special Rapporteur, and does not intend to do so. Michael Lynk, the UNHRC’s Special Rapporteur “on the situation of human rights in
Lawyers challenge “unlawful interference” by UN Rapporteur in UK Pension Schemes
A Special Rapporteur of the UN Human Rights Council (UNHRC) is unlawfully interfering in the management of UK Local Government Pension Scheme (LGPS) Funds, according to the association UK Lawyers for Israel (UKLFI). The LGPS is one of the largest defined benefit pension schemes in the world, managing the pensions