LGPS a 'success story' but funds remain 'cautious' with decisions

Industry experts say despite improving funding, ideas take time to build consensus

Holly Roach
clock • 2 min read
Hymans Robertson's Catherine McFadyen: The LGPS is largely seen among the sector as a success story
Image:

Hymans Robertson's Catherine McFadyen: The LGPS is largely seen among the sector as a success story

The Local Government Pension Scheme (LGPS) as a whole has proven to be a “success story”, but funds still remain “cautious” with new ideas taking prolonged periods of time to germinate, industry experts have suggested.

Speaking today (12 June) at the Pensions and Lifetime Savings Association's (PLSA) Local Authority Conference, Hymans Robertson partner and head of LGPS consulting Catherine McFadyen said the LGPS ...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Join now

 

Already a Professional Pensions
member?

Login

More on Defined Benefit

DB transfer values fall to another record low in March, XPS finds

DB transfer values fall to another record low in March, XPS finds

Consultancy says Transfer Value Index remained below £150,000 throughout Q1 2025

Martin Richmond
clock 28 April 2025 • 2 min read
Partner Insight: Understanding your current pension scheme surplus options

Partner Insight: Understanding your current pension scheme surplus options

Aon
clock 28 April 2025 • 1 min read
Partner Insight Video: Risk settlement for defined benefit pension schemes

Partner Insight Video: Risk settlement for defined benefit pension schemes

Leah Evans, partner at Aon
clock 25 April 2025 • 1 min read
Trustpilot