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Balancing short-term political pressures and long-term priorities: the challenge for the LGPS

(Ben Hudson, Ortec Finance)

Ben Hudson, senior consultant Global Pension Risk at Ortec Finance examines the difficult balancing act of LGPS reforms and the lessons to be learnt from other countries

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The UK pensions industry is undergoing a wave of transformative reforms that will reshape the entire landscape. The LGPS is no stranger to reform.

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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