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Fourth National LGPS Frameworks goes live
Author: LAPF Investments | Published: January 9, 2026
The fourth version of the National LGPS Frameworks for Actuarial, Benefits and Governance Consultancy Services has gone live, helping LGPS funds comply with Fit for the Future governance requirements.
The framework, which is now live, represents a significant milestone as the first National LGPS Framework procured under the Procurement Act 2023. Taking advantage of new regulations allowing longer-term agreements, it will remain open for eight years until January 2034, with contracts of up to 10 years available.
LGPS funds, investment pools, and wider public sector bodies can now access services from 12 specialist providers across five lots: Actuarial Services, Benefits Consultancy, Governance Consultancy, Funding Risk Advisory Services, and Consultancy Services to Support Specialist Projects.
Major providers including Aon Solutions UK, Barnett Waddingham, Hymans Robertson, and Mercer have been appointed to multiple lots, alongside specialists such as the Government Actuary’s Department and professional services firms KPMG and PwC.
Six LGPS funds collaborated to establish the framework: Environment Agency, Essex, Hampshire, Kent, Norfolk, and Surrey Pension Funds, working with Norfolk County Council’s procurement and legal teams.
The National LGPS Frameworks have been operating since 2012, enabling funds and pools to procure efficiently while maintaining local service requirements. The collaborative approach has delivered more than £220m in collective savings across the LGPS.
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