You and your LGPS fund – time to work together?
The government has a key focus on the Local Government Pension Scheme as part of its Pensions Review. It is important to focus on investing the assets in the UK – but are they missing a trick?
The reality
- £30 billion of surplus assets are currently safely held in the LGPS
- The Local Authority funding gap was expected to be around £3 billion this year
The big question
So why are councils still paying £7bn a year into the LGPS?
Access your share – now is the time to work with your Fund to redirect some of your pension contributions to plug your funding gap to best serve your community.
This is possible – please watch our short video or read our flyer (same content in each), which bring this to life, highlighting the key benefits for Funds and Councils alike.