WHAT IS IT FOR?
Pension Boards were introduced into the LGPS from April 2015 under the Public Sector Pensions Act 2013 with the responsibility to assist administering authorities (scheme managers) and to secure compliance with the LGPS regulations. This responsibility is impacted by other legislation relating to the governance and administration of the LGPS and the Pensions Regulator's requirements for the LGPS. Its purpose is to ensure governance and administration in the LGPS is effective and efficient. This seminar will inform those individuals who are LGPS Pension Board members, or potential Board members about these responsibilities and how the wider pensions landscape influences Pensions Board activity.
WHO IS IT FOR?
LGPS Pension Board members, or potential Board members. The seminar may also be helpful to LGPS Pension Committee members and local councillors with an interest in LGPS management structures.
The purpose and responsibilities of the Scheme Advisory Board (SAB) and Local Pension Boards and their terms of reference
The Pensions Regulator’s approach to governance and administration – what does good look like and how are problems remedied
The Knowledge and skills of Board members and role of the Pension Board Chair
The overall governance structure of the LGPS
Actuarial valuations, the 2016 valuation and management of employers
Matters on the horizon eg changes to state pensions, GMP reconciliation, pensions freedoms, guides for scheduled and admitted bodies and DB task force
WHAT WILL I LEARN
After attending the information session you will:
recognise what is required from a Pension Board member and Chair
be familiar with the knowledge and skills necessary to act effectively as a Pensions Board member
demonstrate an awareness of the role and purpose of the Scheme Advisory Board (SAB) and Local Pension Boards
identify what constitutes good governance in the LGPS
be able to describe key issues which are currently affecting the LGPS
- recognise how matters which affect defined benefit schemes, in general, impact upon the LGPS
WHEN AND WHERE IS THE INFORMATION SEMINAR?
10:00-4:00pm - Registration from 9:45 - at the Pensions and Lifetime Savings Association's offices in London
| 06 April 2017
| 11 July 2017
| 19 September 2017
| 08 November 2017
£200 + VAT PLSA members (£450 + VAT - non-members)
Refreshments and lunch included
2017 Dates coming soon
Bespoke seminars are available - price and availability subject to request
For further information please contact Claire Simmons on tel: 020 7601 1735 or email: Claire.email@example.com