Introduction

The LGPS Scheme Advisory Board (SAB), established under the Public Service Pensions Act 2013, advises the Secretary of State for Communities and Local Government on the development of the Local Government Pension Scheme.

In support of the Board's work, it will, from time to time, invite bids from interested parties to undertake commissions.

Please note that the deadline for submission of bids for Options for separation, 21st September 2018, has now passed

Options for separation of host authority and pension fund

Introduction

In support of the Board's work plan for 2018-19, it is inviting proposals from interested parties to assist it in developing options for change with regard to the separation of LGPS pension funds and their host authorities for consideration prior to potentially making recommendations to the Secretary of State.

In 2015, the Board commissioned KPMG to undertake a project to examine the issues and challenges of separating the pension’s functions of LGPS administering authorities from their host authorities. A copy of the report can be found here. Other priorities at that time halted any further work on separation but the Board has now agreed that as part of its 2018/19 work programme, a further project should be undertaken to see how the recommendations that emerged from the work undertaken in 2015 and summarised in Annex 1 could be made to work.

Proposal for assistance

Organisations interested in bidding for part 2 should download the "Instructions for Bidders" document below:

Options for separation - Instructions for bidders pdf 6 pages 182kb

Proposals from interested parties should consist of the elements described in the above document restricted to no more than 1 side of A4. Further information may be provided as annexes however standard marketing material should not be included. Proposals should be returned no later than 17.00 on 21st September 2018 to This email address is being protected from spambots. You need JavaScript enabled to view it. copied to This email address is being protected from spambots. You need JavaScript enabled to view it. .

Board secretariat 21 August 2018