LGPS 'Fit for the Future' initiative

Pension reforms including new governance requirements and appointments, known as the LGPS 'Fit for the Future' initiative. These reforms impact the Local Government Pension Scheme (LGPS) by introducing enhanced governance and compliance requirements for administering authorities, including new regulations for governance and knowledge requirements. A government programme that led to the demerger of Local Pensions Partnership Investments Ltd to accommodate new shareholders and clients.