Local Government Pension Schemes Asset Pools And Wales
EDM number 1161 in 2015-16, proposed by Jonathan Edwards on 29/02/2016.
Categorised under the topics of Local government, Pensions and Regional planning and development.
That this House notes measures announced by the Chancellor of the Exchequer in the Summer Budget of July 2015 to pool the assets of Welsh and English local authorities into six wealth funds of approximately £25 billion; supports the decision to direct the new wealth funds to invest in infrastructure; further notes that the combined assets of Welsh local authorities amount to £13 billion; and calls for the Welsh local government pensions schemes of Welsh local authorities and other Welsh public sector organisations to be pooled into a Wales-specific wealth fund to invest in Welsh infrastructure.
This motion has been signed by a total of 6 MPs.
| MP | Date | Constituency | Party | Type |
|---|---|---|---|---|
| Jonathan Edwards | 29/02/2016 | Carmarthen East and Dinefwr | Plaid Cymru | Proposed |
| Liz Saville Roberts | 29/02/2016 | Dwyfor Meirionnydd | Plaid Cymru | Seconded |
| Martyn Day | 01/03/2016 | Linlithgow and East Falkirk | Scottish National Party | Seconded |
| Alan Meale | 01/03/2016 | Mansfield | Labour | Seconded |
| Chris Stephens | 01/03/2016 | Glasgow South West | Scottish National Party | Seconded |
| Mark Williams | 03/03/2016 | Ceredigion | Liberal Democrat | Seconded |
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