10 November 2025
5 min
Those working in the Local Government Pension Scheme (LGPS) well know that times are busy. This is reflected in our content this month – dominated by various live consultations alongside business-as-usual activities such as valuations. Surely the Budget on 26 November won’t involve any further change…!
Employer engagement
Employer results are starting to emerge for funds across the nations. In general, there has been good news for employers, with contributions trending downwards as set out in our prior summary. Results will vary depending on individual employer circumstances. The messaging to employers and wider stakeholders about what this all means will be crucial for funds to navigate over the coming weeks. Look out for an invite to our upcoming webinar about engagement and consultation on 2025 valuation outcomes.
Given the government’s policy direction, there’s a clear expectation that LGPS funds will increase their commitment to local investment. To better understand attitudes, ambitions, concerns and practical plans, we invited fund officers across England and Wales to complete an online survey. The results show broad support for local investment, but practical concerns – especially around opportunity, risk and implementation – dominate. It’s clear that funds are at different stages of their local investment journey: while notable success stories exist, some funds are starting the process. You can read the full report on the results here.
England and Welsh LGPS - Access and Protections
Hot on the heels of the Access and Fairness consultation earlier this year (and not to be confused with it!), Ministry of Housing, Communities & Local Government (MHCLG) has launched a further consultation on a range of administration and benefits issues titled ‘Access and Protections’. Topics covered include the change to the normal minimum pension age in April 2028, the readmission of councillors to the scheme, multi-academy trust consolidation and Fair Deal. Our summary provides a brief overview of the key proposals. You can hear more at our webinar on 11 November. The consultation closes on 22 December; we’ll be publishing a full briefing note and a draft consultation response in due course.
Download the full edition of Current issues in the LGPS by clicking below:
If you have any questions, or would like to discuss anything further, please get in touch.
We pride ourselves on being thought leaders and are constantly discussing the many issues facing and shaping our industry. Sign up to find our current thinking on topical issues.
Opens in new window Subscribe
