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LGPS funds should approach contribution reviews with care

Melanie Durrant, a partner in the public services consulting team and actuary to LGPS funds at Barnett Waddingham argues that funds should approach decisions on cuts to employer contributions with caution

The 2025 LGPS valuation in E&W is well and truly underway. There has already been a significant amount of discussion about what funding levels

Paul Guilliotti, director of Financial Services, Richmond and Wandsworth Councils argues that current high funding levels should be approached with caution as marginal changes to discount rates can potentially have a significant impact.

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