Saul Cooke-Black, local democracy reporter A local government pension scheme serving Gwent has taken a £137 million hit amid “a perfect storm” of global events, including the invasion of Ukraine by Russia. The Greater Gwent (Torfaen) Pension Fund – run by Torfaen council and whose membership includes staff from Newport, Monmouthshire, Caerphilly, Blaenau Gwent and Torfaen councils … Continue reading Gwent pension fund takes £137-million ‘perfect storm’ hit