Nearly three-quarters of LGPS funds facing resourcing issues, according to new poll
Author: LAPF Investments | Published: June 17, 2026
Nearly three-quarters of LGPS funds are facing resourcing issues, according to a new poll from professional services firm Aon.
The polling was conducted on a recent webinar hosted by the business and attended by representatives from 36 different LGPS funds across the UK, and asked them first whether they felt their LGPS organisation has sufficient staff with the required skills to carry out their day-to-day operations.
Nearly three-quarters indicated they did not have sufficient resource, while a further 16% said they had the right staff and skills for now, but not for what lies in the future.
The firm also asked whether the pay and reward package offered by their LGPS organisation is sufficient to attract and retain staff. Of these, 60% identified pay as a barrier, either in its own right or when coupled alongside the wider benefits offered as a reward package.
Aon’s LGPS talent solutions lead in the UK Craig Payne said: “Despite the good news around the LGPS in relation to improved funding levels and reduced employer contributions, the administering authorities are clearly aware of wider pressures.
“Their internal teams face specialist skills gaps and capacity restraints, while also having to deal with increasing regulatory and reporting demands. These people and capacity pressures create real operational risks.
“Those range from delays in processing member cases and responding to employers, through to challenges in implementing regulatory change and managing complex projects such as McCloud, pensions dashboards and implementing the updated and backdating of survivor’s benefits.
“Any shortcomings in these areas can result in a worse member experience.”
Laura Caudwell, director of public sector pensions in the UK for Aon, added: “There are obvious challenges but the LGPS regulatory and pooling changes, along with Local Government Reorganisation, also represent a real opportunity.
“There is the chance to take stock and ensure stronger operational resilience, starting with appointing the LGPS senior officer.
“But this success can only come through investing in people and processes, ensuring teams have the skills to make their fund ‘fit for the future’ – and making certain that the member experience keeps pace with rising expectations.”
