Publication

English devolution: What this might mean for the LGPS

calendar icon 03 March 2025
time icon 5 min

Authors

Michael Burton
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Michael Burton

Governance, Administration and Projects Consultant

Barry Dodds
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Barry Dodds

Senior Actuarial Consultant

During December 2024, the Government formally launched a White Paper ahead of the English Devolution Bill, which is expected in 2025. Since then, some Local Authority elections which were due in May 2025 have been postponed, where authorities are within the prioritised tranche of councils going through the reorganisation process.

In this briefing note, we've set out our thoughts on how this might impact LGPS funds, through: 

  • employer funding strategies,
  • investment Implications, and 
  • governance and administration implications

The White Paper says that the devolution programme aims to deliver institutions and have Mayors elected in the May 2026 elections. It is likely that the impact on employer funding strategies will need to be discussed and agreed as part of the 2025 valuations for those funds affected.

Read the full publication below. 

Read more 

If you have any questions or would like to discuss anything further, please get in touch.

 

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