LGPS employers may be squeezed out of scheme following triennial valuation

clock

Companies using the Local Government Pension Scheme as part of council outsourcing deals could be forced to reassess their membership following the triennial valuation, industry figures warn.

West Midlands Pension Fund director of pensions Brain Bailey said some smaller admitted body employers could see quite a large change in their contributions following the triennial valuation of the...

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

PPF 7800 aggregate surplus rises by £2.3bn in August

PPF 7800 aggregate surplus rises by £2.3bn in August

Lifeboat fund’s index shows surplus rose to £273.6bn by the end of last month

Martin Richmond
clock 08 September 2026 • 2 min read
Industry warns DB surplus framework could be 'unnecessarily burdensome'

Industry warns DB surplus framework could be 'unnecessarily burdensome'

Industry says clarity needed and regulations must be as practical as possible

Martin Richmond
clock 27 August 2026 • 6 min read
Industry bodies welcome DWP's consultation on surplus flexibilities

Industry bodies welcome DWP's consultation on surplus flexibilities

Industry experts say guidance on surplus flexibilities must ‘strike the right balance’

Martin Richmond
clock 27 August 2026 • 6 min read
Trustpilot