- Conference
- 2016 Local Government Service Group Conference
- Date
- 18 February 2016
- Decision
- Carried
This conference welcomes the national UNISON briefing of January 2016 – New Local Government Pensions Scheme Investment Regulations and Asset Pooling.
In particular conference believes that local government’s pension funds must be able to decide where to invest their money in the best interests of present and future pensioners, and should not have their investment decisions dictated by the government.
It must be the combined funds – and not government ministers – that decide where to invest scheme members’ future incomes, in ways that are in their best interests, and not that of the government.
Conference also believes union nominated representatives should be appointed to the new pool governance structures so that any investment works for the millions of teaching assistants, refuse workers, care workers and all other local government workers and scheme members whose pensions are held by the scheme.
Conference calls on the Service Group Executive and Service Group Liaison Committee to work towards achieving these aims.