News
28th May 2021 HMT issues severance guidance for rest of public sector
HM Treasury have issued Guidance on the use of Special Severance payments in relation to the public sector. This guidance does not relate to local authorities but we understand that…13th May 2021 Ministerial Statement on McCloud
A Written Ministerial Statement was published today setting out the high level objectives of government in applying the remedy as required following the McCloud judgement to the Local Government Pension…11th May 2021 Public Service Pensions and Boycotts Bills in Queen’s speech
Today the government’s legislative programme was laid out and as expected a Public Service Pensions and Judicial Offices Bill was announced that will deal with the amendments necessary to incorporate…28th April 2021 – Board Chair announces RI A-Z
The Board Chair Cllr Roger Phillips announced the launch of the A-Z of Responsible Investment at the Local Authority RI Seminar (LARIS). This online resource contains definitions and links to…25th March 2021 – Remote meetings legislation not to be extended
Luke Hall MP wrote to councils on 25th March 2021 explaining that the legislation enabling remote meetings will not be extended. The letter sets out examples of actions, and includes…24th March 2021 – DWP call for evidence on social investment
A call for evidence entitled Consideration of social risks and opportunities by occupational pension schemes was launched by DWP on 24th March and will run until 16th June 2021. The…23rd March 2021 -Government publishes response to indexation consultation
HM Treasury has published its response to the Guaranteed Minimum Pension Indexation consultation, which ran from October to December 2020 . The response sets out that the government has decided…8th March 2021 – Lifetime Allowance frozen
In the Budget on March 3rd 2021 the Chancellor announced that the Lifetime Allowance (LTA) – the maximum amount (of pension plus lump sum) that can be drawn from a…27th January 2021 – Government launches consultation on climate risk
A policy consultation response and Consultation on regulations entitled Taking action on climate risk: improving governance and reporting by occupational pension schemes was launched today and runs until 10th March…11th February 2021 – Government launches consultation on minimum pension age
A consultation entitled Increasing the normal minimum pension age: consultation on implementation was launched on 11th February and runs until 22nd April 2021. The consultation proposes that the minimum pension…11th February 2021 – Pension Schemes Bill receives royal assent
The Pension Schemes Bill has now received royal assent and becomes the Pension Schemes Act 2021. Elements which will impact on the LGPS include Climate risk reporting and the pensions…
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