In the first of two articles on the recent LGPS governance guidance, Paul Newman KC considers the new division between strategic responsibility and practical implementation under the new asset pooling arrangements. To read the article, click on the pdf below.

Paul Newman KC considers a very recent High Court decision on a rectification application in which particular reliance was placed on the explanatory guides prepared for the trustees and employer on the adoption of a new deed and rules. To read the article, click on the pdf below.

The Government has published its long-awaited package of statutory guidance for the Local Government Pension Scheme in England and Wales, accompanying the investment and governance reforms in the Pension Schemes Act 2026. The guidance covers three linked areas: asset pooling, preparing and maintaining Investment Strategy Statements, and fund governance. The guidance is likely to become a central reference point for administering authorities, LGPS pools and advisers as the new regime beds...