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Were you admitted as an employer to the Local Government Pension Scheme when you received a transfer of housing stock, and staff, from a local authority?
After years, sometimes decades, of paying massive contributions to the relevant LGPS fund, many of those admissions are now in significant surplus. That means they have more assets than they need to pay promised benefits. The surplus, if crystallised by exiting LGPS admission, can be in six or seven figures. Depending on who bears risk during admission, and any commercial agreements relating to it, you as the former admitted employer may be entitled to some or all of it, if you are able to exit that admission.
We don’t know how long this will last, but at the moment, it might be the right time to take a look at your pensions offerings.
You might in fact not have any ongoing legal or commercial duty to keep the access to LGPS open. There are plenty of obstacles that may need to be overcome, but we’ve been working with a number of our clients to exit LGPS, and getting some great results.
We’d like to share our experiences with you, so you can decide if you want to explore your own exit from the LGPS.
Our previous webinar, on 23 September (places or a recording still available!) discusses how the changes to dismissal and re-engagement can affect exit planning. This session builds on that, and looks at the whole process of exiting.
Date: Thursday 6 November 2025
Time: 11am - 12pm
If you'd like to attend, please register via the form below.
This event is free to attend.
