LGPS Pension Boards seminar

 

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.

 

TOPICS

  • 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

 

DATES

 

 11 July 2017                   Book places

 19 September 2017     Book places

 08 November 2017      Book places

 

 

 FEES

£260 + VAT PLSA members (£450 + VAT - non-members)

Refreshments and lunch included

 

2017 Dates coming soon

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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.simmons@plsa.co.uk