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 surpluses remain at record highs in October, XPS finds

DB surpluses remain at record highs in October, XPS finds

Consultancy’s tracker shows DB schemes recorded aggregate funding level of 125%

Martin Richmond
clock 18 November 2025 • 1 min read
Partner Insight: Data - The new battleground for scheme buyouts

Partner Insight: Data - The new battleground for scheme buyouts

LexisNexis® Risk Solutions
clock 18 November 2025 • 1 min read
PRA publishes 2025 Life Insurance Stress Test results

PRA publishes 2025 Life Insurance Stress Test results

LIST 2025 reveals insurance sector is ‘resilient’ to a severe financial market stress scenario

Martin Richmond
clock 17 November 2025 • 7 min read
Trustpilot