#2026/545Local Government Pension Scheme Governance Amendment Regulations 2026
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This law tightens governance requirements for the Local Government Pension Scheme in England and Wales. Each administering authority must appoint a senior officer with responsibility across all pension functions, including administration, investment and governance, within six months of the rules taking effect or within six months after a previous appointment ends. The change affects local authorities and other bodies that administer LGPS pension funds. They will need to review leadership structures, make the required appointment, and ensure pension funds are properly managed and resourced in line with government guidance.
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Key Changes
- Requires each LGPS administering authority to appoint a senior officer responsible for all pension functions
- Sets a six-month deadline for the first appointment and for replacement appointments
- Requires pension funds to be properly managed and resourced across administration, investment and governance
Obligations
What this law requires
Each administering authority must appoint an LGPS senior officer with senior responsibility across all pension functions of the authority, in accordance with Secretary of State guidance.
Each administering authority must make any subsequent LGPS senior officer appointment within six months beginning with the day the previous LGPS senior officer’s appointment ended.
The LGPS senior officer must ensure that each pension fund maintained by the administering authority is appropriately managed and resourced for all Scheme matters, including administration, investment and governance, in accordance with Secretary of State guidance.
Where the administering authority is a local authority, the LGPS senior officer must not simultaneously be the officer responsible for proper administration of the authority’s financial affairs under section 151 of the Local Government Act.