Your one stop shop for all things relating to the 2025 LGPS valuations. On this page you’ll find information which aims to guide you through the actuarial valuation process and make this year's valuation a success.
We believe the foundations of a successful valuation are a smooth and efficient process, informed decision making and effective stakeholder engagement. The materials on this hub have been designed to help ensure your valuation is optimal in each of these areas.
We’re delighted to introduce our 2025 valuation toolkit, a series of short notes to guide you through the 2025 actuarial valuation process. This toolkit contains information on technical issues such as funding methodology and assumptions. We hope this toolkit serves as a useful reference tool throughout the 2025 valuations.
There are lots of things you can do in advance of the triennial valuation date to get ahead and put you in the best possible position for the year ahead. Read our publication on what best practice looks like.
You can also watch the first webinar in our 2025 valuation series, where Robert Bilton, Iain Campbell and Laura McInroy discussed how the funding landscape has changed since the 2022 valuation, how your actuarial and investment adviser can help and what LGPS funds can do now to prepare.
As funds prepare for the 2025 formal valuations, the LGPS landscape looks very different from three years ago. Improved employer funding positions and proposed changes to pension policy mean LGPS fund officers have a lot of change to occupy their attention. Tom Hoare’s publication explains how LGPS officers can get to grips with employer risk in this new environment.
And, in this publication Steven Scott provides his tips for managing employer expectations through effective employer engagement.
You can also watch the second webinar in our 2025 valuation series, where Steven Scott and Tom Hoare discussed the value of engaging with employers early in the valuation process, key funding strategy considerations at the 2025 valuation and what the current economic environment means for employer risk.
Is your funding strategy robust to future adverse climate-related events? Do you have a handle on future longevity trends and the factors which might influence these?
These are important risks for LGPS funds to consider as part of the 2025 valuation. In our third webinar of the 2025 valuation series, Greer Flanagan and Reece Notman discussed the evolving landscape of climate and longevity risks and how LGPS funds can factor these risks into funding strategy.
We're delighted to announce our one-day conference 'Together, focusing on LGPS stakeholders' on Wednesday 21 May at Yotel, Edinburgh.
Join Tom Hoare for a focused discussion with Rob Bilton and Chris Arcari to gain valuable insight around the the 2025 LGPS valuations
The LGPS enters the 2025 valuations in a position of funding strength. However, uncertainty in the economic, demographic and political environment means it has been difficult to draw conclusions about what may happen to contribution rates at the 2025 valuation.
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