We were delighted to welcome over 60 delegates from the Firefighters’ and Police Pensions sector to the LGA offices on 15 May 2019 for our second Local Pension Board governance conference. The event gave attendees the opportunity to network with fellow board chairs and representatives and participate in an interactive session on supporting the scheme manager, as well as hearing from industry experts on current issues of importance to boards.
After an inspiring opening address by the chairs of each Scheme Advisory Board, the audience heard a case law update from Eversheds Sutherland, focusing on current legal issues that may have direct or consequential impact on the schemes. This was followed by a much anticipated overview of the 2018 Governance and Administration survey outcomes presented by the Pensions Regulator.
The event then took a more participatory turn, with Tristan Ashby, chair of the SAB Local Pension Board effectiveness committee, chairing an interactive session using the Sli.do app. Delegates were invited to select random hidden topics for discussion and submit questions and comments, in addition to voting in anonymous polls. A list of the most popular questions will be posted here in the coming weeks, however, one slide generating considerable interest was a depiction of the scheme year cycle.
The afternoon session began with a look at how the boards of other public service pension schemes operate. Karen McWilliam took a break from her day job at Aon to share her experiences and best practice as independent chair of the Clwyd Pension Fund board with attendees. In the concluding presentation of the day, Clair Alcock of the LGA delivered some thought provoking insight into the behaviours of high performing boards, illustrating how LPBs can add value by assisting the scheme manager.
To view the full conference in pictures, visit our @LGAWorkforce twitter feed, #LGAfirepensions
The joint governance event hosted by the Fire and Police Scheme Advisory Boards with the National Police Chiefs Council (NPCC) took place on 9 May 2018 at the LGA Offices in Smith Square, London. Around 60 delegates and speakers from across the schemes attended and we would like to thank all for their participation.
A joint welcome from the Board chairs set the tone for the day and was followed by a view from the Home Office. The Pensions Regulator attended the session to give a briefing on the 2017 Governance and Administration survey results as well as outlining the roles and responsibilities of Local Pension Board (LPB) members.
Reflections on practical experiences of joint police boards, and from the chair of the Fire SAB Local Pension Board effectiveness committee gave context, while the final session of the day offered boards practical tips on self-assessment and adding value, with a brief look to future challenges. Delegates also had opportunity to network with colleagues and share experiences of operating LPBs over the past two to three years.
The complete presentation slide deck from the governance event held on 9 May 2018 is available via the LGA Events page.