4th January 2017

MiFIDII - FCA consultation

The Scheme Advisory Board responsed to the MiFIDII consultation, a copy of the response can be viewed here.
27th October 2016

SF3 Statistical Release 2015/16

The 2015/16 SF3 statistical release was published by DCLG on 26 October. The statistical release can be found on the DCLG web site.
18th October 2016

Implementation of Markets in Financial Instruments Directive II (MiFID II).

The FCA are consulting on their third set of implementation proposals for MiFID II and are seeking views on the proposed changes to the FCA Handbook.
MiFID II takes effect from 3 January 2018 and the proposed changes will have significant implications for LGPS administering authorities.
The full consultation document can be found on the FCA website.
17th August 2016 Election to fill practitioner seat on the LGP Scheme Advisory Board. Please click here to view the voting process. Note that the since the original email, the closing date and time for the submission of votes has been extended until noon on Friday 16th September 2016.
10th August 2016 The Chair, on behalf of the Board, wrote to the Secretary of State for Communities and Local Government regarding LGPS investment in infrastructure LGPS investment in infrastructure, and the Parliamentary Under Secretary of State Department for Communities and Local Government regarding Investment Reform Criteria and Guidance. The outcome of any discussions will be reported to the next Board meeting.
3rd August 2016 GAD Section 13 dry run report

The Government Actuary's Department (GAD) have completed a “dry run” section 13 analysis based on the 2013 local valuations. This analysis assesses whether the four main aims; compliance, consistency, solvency and long term cost effectiveness; have been achieved:

GAD Section 13 dry run report pdf 51 pages 1.22MB

29th July 2016 New section on the Boards' Code of Transparency for investment fees
25th July 2016 Committee update - Update on committees and list of representatives
17 May 2016 Scheme Annual Report 2015 published
8th April 2016 Message from Cllr Roger Phillips, Chairman of LGPS Advisory Board, for Chairs of Pension Committees


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