'Solid action plan' needed to ensure LGPS general code compliance

Hymans says LGPS funds need clear evidence to demonstrate compliance of TPR's code

Holly Roach
clock • 1 min read
'Solid action plan' needed to ensure LGPS general code compliance

Local Government Pension Scheme (LGPS) funds need a "solid action plan" to ensure they can prove compliance with The Pensions Regulator's (TPR) general code of practice, Hymans Robertson says.

The consultancy said LGPS funds must provide clear evidence and maintain robust internal controls to demonstrate compliance with the code, which was published in January. The firm warned funds t...

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

Join now

 

Already a Professional Pensions
member?

Login

More on Industry

Nest publishes 2023/24 annual report and accounts

Nest publishes 2023/24 annual report and accounts

Government-backed master trust AUM grew to more than £40bn as at 31 March 2024

Martin Richmond
clock 13 December 2024 • 2 min read
Professional Pensions: Stories of the week

Professional Pensions: Stories of the week

L&G endgame report, PPF 7800 Index, endgame targets, £370m buy-in, dashboards

Professional Pensions
clock 13 December 2024 • 1 min read
Disorderly net-zero transition will have 'severe' impact on scheme returns

Disorderly net-zero transition will have 'severe' impact on scheme returns

Ortec Finance says physical risks could ‘slash returns’ in UK pension fund portfolios

Holly Roach
clock 12 December 2024 • 1 min read
Trustpilot