News and Updates
|29 January - January 2018 bulletin published The LGPC Secretariat's January 2018 bulletin (no. 166) has now been published and is available under LGPC bulletins.|
|22 January - Government response to the consultation on indexation and equalisation of GMP in public service pension schemes The Government has responded to its consultation on the indexation and equalisation of GMP in public service pension schemes, issued on 28 November 2016, this has been published and is available under Non-scheme consultations.|
|11 January - LGPC response to draft LGPS (Scotland) Regulations 2018 published The LGPC Secretariat's response, to the consultation issued in November 2017 covering the draft LGPS (Scotland) Regulations 2018, has now been published and is available under Scheme consultations.|
|22 December - December 2017 bulletin published The LGPC Secretariat's December 2017 bulletin (no. 165) has now been published and is available under LGPC bulletins.|
|06 December - Annual Allowance technical guide updated A revised version (version 3.3) of the annual allowance technical guide has been uploaded to the guides and sample documents page. The guide has been updated to reflect the reduction in Money Purchase Annual Allowance (MPAA) from 6 April 2017 and also to correct the carry forward examples on pages 126 to 143 of the guide.|
|05 December - Updated transfer declaration forms issued Version 6.0 of the LGPC Secretariat's pack of transfer declaration forms have been issued and are available under guides and sample documents.|
|30 November - November 2017 bulletin published The LGPC's November 2017 bulletin (no. 164) has now been published. To read the bulletin, please visit the LGPC bulletins webpage.|
|13 November - Automatic enrolment brief guide updated The automatic enrolment brief guide has now been updated in accordance with the Employers’ Duties (Miscellaneous Amendments) Regulations 2017 which has the effect of aligning the timing of the deferral date in relation to postponement so that for staging and post-staging employers the period for which automatic enrolment can be deferred is the same i.e. three months and one day. In addition some other small amendments have also been made. A clean and tracked version of the guide (version 8.0) are available under guides and sample documents.|
|08 November - SPPA commence consultation on new LGPS Scotland Regulations 2018 The Scottish Public Pensions Agency (SPPA) have commenced a consultation on a new set of regulations governing the LGPS in Scotland, the LGPS (Scotland) Regulations 2018. The draft regulations would replace the LGPS (Scotland) Regulations 2014.|
The consultation documents can be found on the scheme consultations page and on the SPPA website.
The consultation closes on 1 January 2018.
|03 November - October 2017 bulletin published The LGPC's October 2017 bulletin (no. 163) has now been published. To read the bulletin, please visit our LGPC bulletins webpage.|
|03 November - Transfer declaration form updates and temporary withdrawal of Freedom and Choice guide The LGPC Secretariat have made a series of updates to our suite of transfer declaration forms, the current versions of which can be found under guides and sample documents. |
We have also temporarily withdrawn the Freedom and Choice technical guide whilst we make a series of updates to its content. The updated version of the guide will be published as soon as possible and, in the meantime, the most recent version of the guide can be found under withdrawn guides.
|30 September - September 2017 bulletin published The September 2017 LGPC bulletin, no. 162, has now been published and is available on the LGPC bulletins page.|
|05 September - New automatic enrolment brief guide published A relaunched version (version 7.0) of the automatic enrolment brief guide has now been published and is available under guides and sample documents.|
The new version is a complete rewrite of the guide meaning that a tracked version is not available. The new guide aims to supplement the information provided by the Pensions Regulator (TPR); it covers automatic enrolment from the perspective of the LGPS and TPS and contains signposts to the detailed guidance available on TPR’s website. The sample letters have also been updated and are now contained in a standalone document – clean and tracked version of these are also available under guides and sample documents.
The full guide has now been removed and placed under withdrawn guides. We have taken this decision because in 2017 automatic enrolment, for the most part, is simply ‘business as usual’ and the TPR website contains the vast majority of information needed by an employer.
|29 August - August 2017 bulletin published The August 2017 LGPC bulletin, no. 161, has now been published and is available on the LGPC bulletins page.|
|03 August - July 2017 bulletin published The July 2017 LGPC bulletin (no. 160) is now available on the LGPC bulletins along with accompanying appendices.|
|19 July - Updated lifetime allowance factsheet published Minor updates have been made to the sample lifetime allowance factsheet for scheme members which is now available as version 1.4 on the guides and sample documents page.|
A tracked version of the factsheet shows the amendments made in the revised version.
|02 July - June 2017 Technical Group minutes uploaded The minutes of the June 2017 meeting of Technical Group are now available on the Technical Group minutes page.|
|30 June - June 2017 bulletin published The June 2017 LGPC bulletin, no. 159, has now been published and is available on our LGPC bulletins page.|
|26 June - March 2017 LGPC minutes published The minutes of the 6 March 2017 LGPC meeting have now been finalised and are available on the LGPC minutes page.|
|07 June - Updated versions of HR and Payroll guides issued Versions 1.8 of the LGPS 2015 HR and Payroll guides have now been issued and are available on the guides and sample documents page.|
|07 June - New version of the automatic enrolment full guide issued Version 6.2 of the automatic enrolment full guide for pension funds and employers has now been issued and is available on the guides and sample documents page.|
This will be the last version of the full guide to be issued and, once legislative changes are introduced that would mean the guide would again need to be updated, the guide will be removed and placed on the withdrawn guides page.
The current version of the LGA pension team's automatic enrolment brief guide has been moved to the withdrawn guides pending a re-launch of the guide, due in late Summer 2017.
|05 June - Bulletin 158 published The LGPC secretariat's May 2017 bulletin (no. 158) has now been published and is available on the LGPC bulletins page.|
|15 May - SPPA publish new guidance on conversion of accumulated AVCs SPPA have published new guidance on the use of accumulated AVCs to purchase additional pension under the scheme.|
The new guidance, dated 10 May 2017, replaces the prior version dated 26 February 2015 and is available on the Actuarial guidance page of the website.
|08 May - Updated trivial commutation guide issued Version 1.7 of the LGPC guide to trivial commutation for LGPC administrators has now been issued and is available on our Guides and sample documents page.|
|20 April - Transfer discharge forms updated The transfer discharge forms have been updated. Clean and tracked versions are available (version 4.0).|
|20 April - Scheme administrator factsheet published on the overseas transfer charge A scheme administrator factsheet has been published on the overseas transfers charge that can apply to QROPS transfers from 9 March 2017.|
|28 March - March 2017 bulletin published The LGPC's March 2017 bulletin (no. 156) has been published containing a number of general items of information.|
The bulletin is available on our LGPC Bulletins page.
|28 March - 2017 conference now open for booking The LGPC's trustees' conference, taking place this year in Bournemouth on 29-30 June 2017, is now open for bookings.|
Full details are available in circular 303 and in the conference flyer.
To book, visit the LGA Events website.
|22 March - LGPC annual update bulletin 2017 published LGPC bulletin no. 155 containing the annual update for 2017 has now been published.|
The bulletin can be found on our LGPC Bulletins page.
|21 March - 2017 annual update SIs published The 2017 'annual update' statutory instruments, meaning those SIs which amends rates and bands applicable from April 2017 for various purposes, have now been published by the Government and are available on the Related legislation page.|
The accompanying annual update bulletin is due to be published shortly.
|01 March - LGPC bulletin no. 154 published The February 2017 bulletin (no. 154) has now been published and is available on our LGPC Bulletins page.|
|27 February - Updated annual allowance guide published Minor amendments have been made to the annual allowance guide which has now been published as version 3.2 and is available on our Guides and sample documents page:|
- An update has been made to footnote 81 in paragraph 68
- Paragraph 71 and example 48 have been updated to correct an error in the revaluation rate added to the Opening Value
|20 February - LGA submits response to GMP consultation The LGA have submitted its response to the HM Treasury consultation on the indexation and equalisation of GMP in public service pension schemes (Gov.uk). The response is available on our Non-scheme consultations page.|
|13 February - New factsheet on topping up state pension published Following discussions held at the communications working group in late 2016, the LGPC Secretariat have published a short factsheet for members on the options available for topping up their state pension.|
The leaflet’s content has been checked by DWP’s policy team and can be found on our Guides and sample documents page.
As mentioned in bulletin 150 topping up the State Pension may be particularly appealing to former public sector workers who have:
a) Retired, and
b) Not yet reached SPA (or have reached their SPA since 6 April 2016).
|10 February - Cabinet Office update public sector transfer club memorandum The Cabinet Office have issued an updated version of the public sector transfer club memorandum along with an updated list of the schemes participating in the club. The updated memorandum is effective from 1 March 2017.|
The updated documents are available on the Civil Service Pensions website as well as under other Government documentson this website.
The main changes to both documents are shown in red.
|01 February - Bulletin 153 published The January 2017 LGPC bulletin has now been published and is available on our LGPC bulletins page.|