Written Question · S7W-02754 · Session 7
Whether it is aware that no Local Government Pension Scheme administering authority reportedly publishes data on the proportion of its fund…
The question
To ask the Scottish Government whether it is aware that no Local Government Pension Scheme administering authority reportedly publishes data on the proportion of its fund invested in Scotland and, if so, what estimate it has of current such pension scheme investment nationally, and what evidence informed its decision to include this as an indicator in the Community Wealth Building (Scotland) Act 2026.
The answer
The Scottish Government is aware that administering authorities of the Scottish Local Government Pension Scheme do not currently report on the level of investment in Scotland. This is a complex matter, and officials are already engaging with the administering authorities about standardising reporting.Inclusion of this indicator for voluntary use by local authority led Community Wealth Building (CWB) partnerships was agreed by parliament following scrutiny of the legislation by the lead Committee.
In the Official Report
No contribution in the Official Report cites S7W-02754 by reference.