Sixty Second Summary
Public service governance and administration survey 2019
02 Dec 2020
Headlines from the survey
- Are too many LGPS funds relying on the host local authority’s risk management processes?
- Funds are focusing on getting data right.
- Annual Benefit Statements becoming less of a concern.
- The LGPS is less concerned than other public service schemes about McCloud but more worried about resources, staffing and employers.
The Pensions Regulator has published its annual governance and administration survey. Based on surveys completed between 6 November 2019 and 9 January 2020, 202 of the 206 public service pension schemes (including 97 of 99 LGPS funds) participated.
You can read the full survey here but in the meantime we have selected a few edited highlights to set the scene.
If you have any questions or would like to discuss anything covered in our summary, please get in touch.
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