FUND INVESTMENTS NEWS ARCHIVE 2009

DECEMBER
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The Pre-Budget Report 2009
THE PRE-BUDGET REPORT was delivered by the Chancellor of the Exchequer on 9 December 2009 and provides an update of the state of the economy and public finances, while setting out the direction of Government policy in the run-up to the spring Budget.
The LGPS (Management and Investment of Funds) Regulations 2009
THE LGPS (MANAGEMENT AND INVESTMENT OF FUNDS) REGULATIONS 2009 have now been made under powers contained in section 7 of the Superannuation Act 1972. These new regulations come into force on 1 January 2010.
OCTOBER
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After consultation with all relevant interested parties and in accordance with The Local Government Pension Scheme (England and Wales) (Amendment) Regulations 2004, the Fund has published its 2009 Funding Strategy Statement (FSS).
SEPTEMBER
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MERSEYSIDE PENSION FUND has joined some of the world’s largest global investors in a call for strong action from international policy makers in the fight against global warming.

JULY
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The Fund Actuary reflects on the Finance Act 2009
THE FUND ACTUARY Mercer has published a document discussing the key issues emerging from the pensions, benefits and savings measures contained in the Finance Act 2009 given Royal Assent last week.

JUNE
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THE DEPARTMENT FOR COMMUNITIES AND LOCAL GOVERNMENT (DCLG) has announced an informal consultation exercise initially focusing on the 2010 Scheme valuation exercise.
MAY
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In his Budget Statement on 22 April 2009, the Chancellor of the Exchequer announced a number of changes to tax rates and allowances for taxpayers with income over £100,000. The Local Government Employers (LGE) prepared a summary of the information issued immediately following the Budget statement.
THE FUND has been ranked fourth in an examination of the responsible investment policy, practice and transparency of the UK’s largest occupational schemes by FairPensions.
APRIL
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Fund Governance Compliance StatementNew Governance Compliance Statement 
THE FUND has published an updated Governance Compliance Statement.