The Department for Communities and Local Government has doubled the headroom limits for Local Government Pension Scheme ('LGPS') funds investing in partnerships from 15% to 30%. This means LGPS funds will have greater flexibility to invest in infrastructure projects in the future. Infrastructure projects are the public services of everyday life including everything from airports to education, and from electricity networks to hospitals. They are a good fit for most pension schemes, including LGPS funds, because there are very few index-linked instruments available to pension schemes.
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