10 July 2026
5 min
Our round-up of the latest public sector news and insights.
The long-awaited appearance of the Fit for the Future guidance dominated LGPS headlines late last month. On wider issues, we discuss the impact of AI and how to close the gender pensions gap. Plus, a briefing about the lesser-known SCAPE rate!
Please see excerpts below from our latest edition, or download the full publication.
Guiding us into a fitter future - With the Fit for the Future reforms embedded within the Pension Schemes Act 2026, the government has now published statutory guidance to support implementation by LGPS funds in England and Wales.
Spotlight on valuations - Fresh valuation results have been published for the Teachers’, Civil Service and NHS pension schemes, while Scottish LGPS funds are stepping up preparations for the 2026 valuation cycle.
No escape from the scape rate! - HM Treasury's change to the SCAPE discount rate has implications beyond unfunded public service schemes, including LGPS administration factors and cost control mechanisms. Our 60-second summary explores these in detail.
Addressing the gender pensions gap - Can funds do more to close the gender pensions gap? Our blog looks at how data, life-stage communications and employer support can help deliver more personalised support and reduce long-term inequality.
If you'd like to discuss any of these developments and what they could mean for your fund, please get in touch.
This communication has been compiled by Hymans Robertson LLP® (HR) as a general information summary and is based on its understanding of events as at the date of publication, which may be subject to change. It is not to be relied upon for investment or financial decisions and is not a substitute for professional advice (including for legal, investment or tax advice) on specific circumstances. HR accepts no liability for errors or omissions or reliance on any statement or opinion. Where we have relied upon data provided by third parties, reasonable care has been taken to assess its accuracy however we provide no guarantee and accept no liability in respect of any errors made by any third party. Hymans Robertson LLP is a limited liability partnership registered in England and Wales with registered number OC310282. Authorised and regulated by the Financial Conduct Authority and licensed by the Institute and Faculty of Actuaries for a range of investment business activities. © Hymans Robertson LLP 2026. All rights reserved.
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