Governance Guidance for England and Wales

Running on a parallel fast track, draft governance guidance emerged from the design shed of the Shadow Scheme Advisory Board (SSAB) to support and join the draft LGPS governance regulations Mark 2 issued by the Department for Communities and Local Government (DCLG).

Part guidance and part explanation, the draft guidance document provides a manual to assist administering authorities in their quest to comply with the regulations and to establish their local pension board by 1 April 2015 and then to operate it successfully. In this briefing note we reflect on the guidance and pick out just a few of the items which have caught our eye.

The governance guidance consultation closes on 21 November.