You and your LGPS fund – time to work together?
The Labour 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
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- £30 billion of surplus assets are currently held in the LGPS
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- The Local Authority funding gap is around £3 billion the 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.
Steve Simkins
