The Board has today submitted its full response to DLUHC’s consultation on investment issues which opened on 11th July 2023. This consultation included proposals in a range of areas, including; setting a target date for the migration of all listed assets to pools, a proposed move to fewer pools (with a target size of £50bn), a requirement for funds to have a plan to invest up to 5% of assets to support levelling up in the UK and a proposal for funds/pools to dedicate 10% of assets to private equity investments.

The Board’s response was shaped by a working group comprised of elected members, scheme representatives and practitioners from the Board’s membership, led by Board Chair, Cllr Roger Phillips. The Secretariat would like to thank all who contributed to this response for their input. In addition to the above link to the full response, key messages can be found in the story dated 20th September 2023.