Publication

Local Government Pension Scheme (England and Wales): Fit for the future - Hymans Robertson's response

calendar icon 17 January 2025
time icon 10 min

Authors

Robert McInroy

Robert McInroy

Head of LGPS Client Consulting

Iain Campbell

Iain Campbell

Head of LGPS Investment

Susan Black

Susan Black

Head of LGPS Governance, Administration and Projects

We fully understand the ambitions the government has for the LGPS and are supportive of pooling. We see the potential for the scheme to make more investments that catalyse UK growth.

However, the substantial changes in the scope and scale of the Pools represents a major undertaking, with a proposed timeline that is hazardously ambitious. This creates a number of risks and unintended consequences for the LGPS, which need greater scrutiny and thinking through.

In a detailed response to the government’s “Fit for the future” consultation, we’ve set out these concerns to each of the questions.

To read our full response, please click below.

Download our response here

If you would like to speak to us about any of the concerns raised in our response, please get in touch.

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