Fit for the Future reforms
Reforms within the Local Government Pension Scheme emphasizing formalizing and evidencing compliance with training and knowledge requirements. Reforms impacting the Local Government Pension Scheme, focusing on governance, training, and knowledge requirements. Government reforms for the Local Government Pension Scheme (LGPS) focused on investment pooling and governance, including enhanced knowledge and understanding for pension committee members, mandatory appointment of an LGPS Senior Officer and an Independent Person, and arrangements for mandatory Independent Governance Reviews every three years. It also includes asset pooling requirements and regulatory reforms impacting Local Government Pension Schemes. Government reforms for Local Government Pension Schemes (LGPS).