Valuable Pension Scheme Information for Charities in LGPS

by Alistair Russell-Smith   •  
Blog

Recognising the many difficulties charities who participate in Local Government Pension Schemes face, a series of really helpful guides have been published over the last few weeks:-

  • Leading legal firm Charles Russell Speechlys has produced a really helpful LGPS Charity briefing for Charity Finance Group (CFG). The guide outlines the risks and options for charities considering joining LGPS, and the problems faced by those considering exiting. The CFG accompanying blog is here.
  • Leading representative body Pension & Long term savings Association (‘PLSA’), formerly the NAPF, have launched the first two guides in a series covering charities in LGPS. These cover:

More guides are on the way from PLSA over the next few months to assist LGPS participants with managing their continued participation in LGPS, and also options for those considering an exit. It’s great to see these organisations developing this material to assist charities with these issues.

Further reading

Is your DB scheme an asset rather than a liability?

Blog
by Alistair Russell-Smith   •  

2024 Charity Defined Benefit Pensions Benchmarking Report

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by Alistair Russell-Smith   •  

Spring Budget 2024 – What does it mean for pensions?

Blog
by Angela Burns   •  

More Insights?