Susan Martin asseses the key points to come from the LGPS consultation and outlines the moves the LFPA has been advocating.
The current consultation on the Local Government Pension Scheme (LGPS) governance arrangements shines a spotlight on some interesting issues.
The first of these is the skills and knowledge required by a pension board.
As it stands, there is no requirement for administering authorities’ pension committee members to have any specific pension management experience or to undergo training.
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