LGPS a 'success story' but funds remain 'cautious' with decisions

Industry experts say despite improving funding, ideas take time to build consensus

Holly Roach
clock • 2 min read
Hymans Robertson's Catherine McFadyen: The LGPS is largely seen among the sector as a success story
Image:

Hymans Robertson's Catherine McFadyen: The LGPS is largely seen among the sector as a success story

The Local Government Pension Scheme (LGPS) as a whole has proven to be a “success story”, but funds still remain “cautious” with new ideas taking prolonged periods of time to germinate, industry experts have suggested.

Speaking today (12 June) at the Pensions and Lifetime Savings Association's (PLSA) Local Authority Conference, Hymans Robertson partner and head of LGPS consulting Catherine McFadyen said the LGPS ...

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

DB pension surpluses are back on the agenda

DB pension surpluses are back on the agenda

David Brooks looks at the arguments on how best to use pension surpluses

David Brooks
clock 14 September 2026 • 3 min read
DB scheme funding holds steady in August

DB scheme funding holds steady in August

Broadstone index shows steady funding as gilt yields up

Holly Roach
clock 11 September 2026 • 1 min read
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
Trustpilot