LGPS funding shift could cripple admitted bodies

clock

Firms operating short-term local authority contracts could face crippling pension bills following the Local Government Pension Scheme's triennial funding valuation at the end of March, Eversheds warns.

The law firm said that while the results of the triennial actuarial valuation are unlikely to become clear until the end of the year, most are predicting a significant drop in the scheme's funding ...

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

Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here

Join now

 

Already a Professional Pensions
member?

Login

More on Defined Benefit

Avon Pension Fund looks to LPPI as new pooling partner

Avon Pension Fund looks to LPPI as new pooling partner

Scheme recommends shift following KPMG supported review of options

Jonathan Stapleton
clock 25 September 2025 • 2 min read
PPF confirms levy will be cut to zero

PPF confirms levy will be cut to zero

Move follows Pension Schemes Bill and will save schemes £45m in 2025/26

Jonathan Stapleton
clock 23 September 2025 • 6 min read
Liz Woodyard: Four decades in investment management

Liz Woodyard: Four decades in investment management

The Avon Pension Fund investment manager looks back on her career

Jonathan Stapleton
clock 22 September 2025 • 6 min read
Trustpilot