Examples of LGPS Investment Regulations in a sentence
While in its infancy, this is likely to yield improved access to better infrastructure investment, both from the collective opportunity BPP brings as well as a national investment vehicle.2.5 Imperative of investment poolingThe main strategic driver for investment pooling is the Government’s decision to progress this as a policy, as now required under the LGPS Investment Regulations 2016.
A derivative, which is a permitted investment under the LGPS Investment Regulations, is a contract between two or more parties whose value is derived from the performance of an underlying financial asset, for example an equity index such as FTSE 100 index.
The present review has been undertaken prior to a detailed study of the specific36 identity of these copepods and possible reasons for their recent occurrence in such abundance37 in North Norway.
They each administer, maintain and invest their own respective funds within the LGPS in accordance with those Regulations and the LGPS Investment Regulations.
Although under the LGPS Investment Regulations 2016 an Administering Authority is no longer required to report the extent of their compliance against the Myners Principles, the London Borough of Barking and Dagenham has decided to continue to report this, as an appendix to the ISS, as it considers this to be both good governance practice and an element of good investment practice.
From a regulatory perspective, LGPS funds are required to pool their assets in order to meet Regulation 7(2)(d) of the 2016 LGPS Investment Regulations.
Overall responsibility for management of the Scheme and custody of assets is the responsibility of the relevant fund, in this case Kent County Council, in accordance with the Local Government Pension Scheme Regulations 2013, other LGPS scheme regulations and LGPS Investment Regulations.
A presentation was attached to the report, setting out how the Northern Pool would meet the requirements of the LGPS Investment Regulations and the Pooling Criteria and Guidance issued by Government.
In beginning to develop this framework consideration has been given to the requirements placed on Administering Authorities by LGPS Investment Regulations and MHCLG Guidance on the content and coverage of Investment Strategy Statements which shape the regulatory context for funds in relation to their stewardship and responsible investment activities.
The recommendations will allow the Council to comply with updated LGPS Investment Regulations which came into effect in November 2016, requiring all administering authorities to commit to an investment pooling arrangement which meets the criteria and guidance laid down by the Secretary of State in November 2015.