Published: September 11, 2025

We are pleased to announce that we have contributed to a major new white paper published by The Good Economy: “Scaling-Up Local Investing for Positive Impact: A Roadmap for the LGPS”

The paper provides a framework to support Local Government Pension Scheme (LGPS) funds in developing robust local investment strategies that deliver both strong financial returns and benefit local communities.

Key themes from the white paper include:

  • Defining ‘local investing’ for LGPS and addressing uncertainties around fiduciary duties.
  • A practical roadmap for administering authorities, pools, and Mansion House signatories to scale up local investment.
  • Opportunities across asset classes, from housing and clean energy to SME finance and infrastructure.
  • A framework for place-based impact investing and reporting Framework to measure, monitor and communicate outcomes with clarity and consistency.

Patrick O’Hara, Head of Responsible Investment & Stewardship reflected,
“As one of the contributors, we are proud to support this important initiative ensuring that we can play a leading role in strengthening local economies, driving sustainable growth, and delivering long term value for members”.

To read the full paper please click here .

Partners

Cheshire Pension Fund logo
Nottinghamshire Pension Fund logo
Staffordshire Pension Fund logo
West Midlands Pension Fund logo
Shropshire County Pension Fund logo
Worcestershire Pension Fund logo
Derbyshire Pension Fund logo
Leicestershire Councty Council Pension Fund logo