Law or policy

LGPS 'Fit for the Future' consultation

4 stories · 4 councils

A set of changes and regulations for the Local Government Pension Scheme. A set of proposals and regulations for the governance and investment asset management of the Local Government Pension Scheme. An initiative aimed at ensuring effective investment of Local Government Pension Scheme (LGPS) assets through pooling. A government consultation by the UK government regarding reforms to the Local Government Pension Scheme (LGPS) in England and Wales. This consultation encourages pension funds to collaborate with local authorities and regional mayors to identify and support local growth plans. It is aimed at improving the efficiency and governance of Local Government Pension Scheme (LGPS) funds, boosting investment in UK-based projects and businesses, and proposing changes to local government pension schemes (LGPS) investment strategies. It also covers UK Government reforms to the LGPS and the management of Local Government Pension Scheme (LGPS) investments in England and Wales. Reforms mandating that all LGPS assets be managed through FCA-regulated pooling companies.

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