He will be responsible for, and fund actuary to, a number of LGPS funds. His remit includes developing the strategy of the public sector consulting practice, identifying needs of the LGPS market and developing solutions to LGPS technical issues to ensure clients get optimal outcomes.
The Government recently published a consultation seeking views on policy proposals to amend the rules of the LGPS 2013 in England and Wales. Barry McKay responds to a wide ranging consultation which could have a major impact on a range of stakeholders.
The MHCLG has recently issued a consultation seeking views on proposals to amend the LGPS in five key areas. This briefing note gives more detail on the proposals and how these could impact the LGPS Funds and participating employers.
Some protection benefits, such as ill health retirement, can have an immediate strain on a Local Government Pension Scheme (LGPS) Fund, unless steps have already been taken to meet an estimate of these costs.