Flexible on-demand training
In this short video we explain the benefits of our flexible on-demand LGPS training academy.
Welcome to LOLA – an online learning platform that supports the training needs of pension committees, boards and fund officers.
Contact the teamWe know it’s a challenge to cover important training at quarterly meetings. That’s why we developed the Local Government Pension Scheme Online Learning Academy (LOLA): an online training plan covering core knowledge in an efficient, engaging way.
Launched in 2021, LOLA is a video-on-demand learning plan with training materials and knowledge checks covering the core requirements of the Pension Regulator’s General Code of Practice and the Chartered Institute of Public Finance and Accountancy's Knowledge and Skills Framework.
Online training has lots of benefits, including the ability to access materials on demand and to easily include fund-specific training.
Monitor and record
Simple to monitor and record participant progress
Hot topics
Regular hot topic videos spark discussion and support decision-making
Jargon buster
A helpful jargon buster includes relevant links for each module
Monthly reporting
Monthly reports can be produced for each member and Fund
In this short video we explain the benefits of our flexible on-demand LGPS training academy.
Funds receive regular progress reports to simply evidence members’ knowledge and skills. Funds can also record training, so they have the evidence they need for Committees, Boards and Officers.
Andrew McKerns was joined by Leicestershire Pension Fund and South Yorkshire Pensions Authority to discuss how both funds have used LOLA. Click to watch each interview.
LOLA mirrors the National Knowledge Assessment (NKA) topics. It covers all the areas needed to successfully manage a fund, including committee role and pensions legislation, governance, administration, accounting and audit standards, procurement and relationship management, financial markets and product knowledge, plus actuarial methods, standards and practices.
There is also a regularly updated current issues module, features hot topics like cyber risk and McCloud understanding.
Quality training
A recent poll of lead LGPS officers confirmed a rating of 4.12/5 for LOLA training.
Quality service and support
Our service and support score is 4.53/5
Expertise
Training videos delivered by experts in each field
Topical content
We regularly update our content to make sure it reflects current issues, hot topics and thought leadership
The 2024 National Knowledge Assessment helps demonstrate you meet the requirements of the Pensions Regulator's general code by assessing and reporting on the knowledge and skills of committee and board members.
Opens in new window Register your interest now