A question on #LocalGovernmentPensionScheme tabled by Mike Amesbury on 27-11-2024 has been answered by Jim McMahon.

Heading: Local Government Pension Scheme
Question ID: 1745121
UIN: 16534
House: Commons
Date tabled: 2024-11-27
Asking Member ID: 4667
Asking Member display name: Mike Amesbury
Asking Member handle: MikeAmesburymp
Asking Member Twitter reference: @MikeAmesburymp
Member interest: false
Question text: To ask the Secretary of State for Housing, Communities and Local Government, what recent assessment her Department has made of the effectiveness of the Local Government Pension Scheme in supporting local and regional economic growth.
Is named day: false
Date of holding answer:
Date answered: 2024-12-05
Date answer corrected:
Is holding answer: false
Is correcting answer: false
Answering Member ID: 4569
Answering Member display name: Jim McMahon
Answering Member handle: JimfromOldham
Answering Member Twitter reference: @JimfromOldham
Correcting Member ID:
Correcting Member display name:
Correcting Member handle:
Correcting Member Twitter reference:
Answer text: The LGPS already invests approximately 30% of its assets in the UK, as part of its duty to invest to pay pensions. The government believes that the LGPS can make a distinctive contribution to local and regional economic growth building on its local role a...
Original answer text:
Comparable answer text:
Answering body ID: 7
Answering body name: Ministry of Housing, Communities and Local Government
Tweeted: true