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LGPS committees must “ready themselves” to meet new government requirements
Author: LAPF Investments | Published: June 2, 2026
Members of committees at English and Welsh LGPS funds need to ready themselves to meet new government knowledge and skills requirements, according to Hymans Robertson.
The new requirements mean members of LGPS committees must show a good understanding of pensions as individuals, rather than as a collective.
Reflecting on the changes, Hymans Robertson’s principal governance consultant Andrew McKerns said: “Historically, only Pension Board members were required to demonstrate their pensions knowledge in order to fulfil their role. Now that same, some may even say enhanced, requirement is faced by our pension committee members
“Preparing now gives funds the best chance of embedding the right knowledge at the right time, rather than racing to catch up once new requirements take effect. This is particularly important for those funds facing dramatically changed Pension Committees because of recent elections.”
The news comes as the consultant launches an update to its LGPS Online Learning Academy, with it designed to help funds – including those in Scotland – stay ahead of potential future regulatory changes.
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