Why Surplus LGPS Funds Should Address the Housing Shortage

June 9, 2026 | Private Markets, Real Estate

Mike Weston

Independent Consultant, Professional Pension Scheme Trustee and previously CEO of LGPS Central

Mike Weston, an independent consultant, professional pension trustee and former CEO of LGPS Central, highlights that LGPS funds are in a strong surplus position, estimated at around £147bn, at a time of major pooling reforms. This creates an opportunity to redeploy capital more strategically, supported by increased governance capacity and long term investment horizons.

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Why Surplus LGPS Funds Should Address the Housing Shortage

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