Public Sector: Pensions

HM Treasury written question – answered on 5th February 2015.

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Photo of Charlotte Leslie Charlotte Leslie Conservative, Bristol North West

To ask Mr Chancellor of the Exchequer, what assessment he has made of the viability of proposals for the creation of a Citizens' Wealth Fund.

Photo of Danny Alexander Danny Alexander The Chief Secretary to the Treasury

In 2013, the Government commissioned Hymans Robertson to consider merging Local Government Pension Scheme funds or creating a Common Investment Vehicle. The Government’s response to the findings is set out in the consultation document, ‘Local Government Pension Scheme: Opportunities for collaboration, cost savings and efficiencies’ issued by the Department for Communities and Local Government on 1 May 2014.

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