Hymans Robertson to launch LGPS knowledge assessment

National knowledge assessment will help funds identify knowledge gaps

Jonathan Stapleton
clock • 1 min read
Hymans Robertson senior governance and administration consultant Andrew McKerns
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Hymans Robertson senior governance and administration consultant Andrew McKerns

Hymans Robertson is set to launch a nationwide Local Government Pension Scheme (LGPS) assessment of knowledge and understanding.

The consultant's national knowledge assessment - launching on 28 September - is an opportunity for LGPS funds to assess the knowledge levels of key decision-makers and compare these on a nationwide basis.

Hymans Robertson said the assessment will follow on from its 2018 national confidence assessment and 2020 national knowledge assessment - aiming to provide key evidence and information regarding training requirements to all participating LGPS funds and forming part of a national report to allow each fund to benchmark their position.

In addition, it said the assessment will provide funds with an insight into technical, decision-making and roles and responsibility knowledge with the committee and board members.

Hymans Robertson senior governance and administration consultant Andrew McKerns commented: "Following two years unlike any we've seen before, this is the first post-pandemic national assessment to take place in the LGPS. With the assessment launching on 28 September, we're urging all LGPS funds to take part to help determine gaps in knowledge and enable tailored training for the future.

"The pandemic has driven fundamental changes in the LGPS, from new ways of working and the growth of online tools, through to better remote training expectations from members. The results from the assessment are vital to help funds deliver and track the success of their training plans and meet the best governance standards expected of the scheme."

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