THE MEMBER BACKING PENSIONS AND LIFETIME SAVINGS ASSOCIATION

Plsa Local Authority Conference 2023

26 - 28 JUNE 2023

DE VERE COTSWOLD WATERPARK, GLOUCESTERSHIRE

The must-attend event for anyone involved in the Local Government Pension Scheme, covering practical challenges and future opportunities in the ever-evolving landscape of local authority pensions. Three days of thought-provoking discussion, best practice and networking.

SPEAKERS INCLUDE: www.plsa.co.uk/Events/Conferences/ Local-Authority-Conference

WHAT HAPPENS NEXT?

A year on from publication, the PLSA is reacting to the report’s recommendations by implementing a series of short to medium-term projects and events. Some key examples of the actions we’ve already taken and our proposed next steps, for both funds and the PLSA, include:

Theme Recommendation Action

Regulatory & Operating Environment

Carry out regulatory mapping to help highlight to external stakeholders the complexities in which the LGPS operates.

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LGPS Employers Funds should proactively provide information and assistance to existing and prospective employers to help them understand their responsibilities and risks when joining the LGPS. Employer risk guidance should be accessed and managed, to share best practice within the LGPS. Funds should actively and regularly explain LGPS benefits to employers.

LGPS and Scheme Members

Understand what tools from the Money and Pensions Services (MaPS) could be used to support the needs of LGPS scheme members.

The mapping will be published in June.

Once the map is completed, we’ll set out a lobbying plan within the PLSA Executive for longer-term plans that will seek to open dialogue with government and regulators about utilising a more joinedup, centralised approach.

PLSA Employer Guide 2017 update to be published in June 2023.

In the medium term we’ll explore creating best-practice case studies on how to work with employers on entrances and exits, and case studies on employer engagement.

Local Authority Conference Preview

Join us for the PLSA’s Local Authority Conference 2023 – the largest event of its kind dedicated to the LGPS. Over the course of three days in the Gloucestershire countryside, the event will cover practical challenges and future opportunities in the ever-evolving landscape of local authority pensions. We’ll be taking the temperature of the LGPS and exploring how macroeconomic uncertainties, the cost-of-living crisis and levelling up will dominate the future work of the scheme.

Katy Balls, political editor at The Spectator, will give us the inside scoop on the impact of the UK political scene; and Adam Rutherford, scientist, writer and broadcaster, will be our afterdinner speaker at the conference Gala Dinner.

The issues we’ll be exploring include:

• What’s the investment outlook for funds amid recent market turmoil and the continued threat of recession?

We held a webinar with MaPS in Feb 2023 on how to communicate with savers during the cost-of-living crisis.

We’ll be extending this theme at the Local Authority Conference with a session on the Cost-of-Living Conundrum: Communicating with Employers and Savers

• How can we ensure operational sustainability of the LGPS when funds are continually pushed to do more with less?

• How should funds communicate with employers and savers during the cost-of-living crisis?

• What’s next on ESG, pensions dashboards and the levelling up debate?

Come to the conference to find out more and take part in thoughtprovoking discussion, best practice debates and networking with your LGPS peers.

Operational Sustainability

Carry out a best-practice case studies project on recruitment and retention.

The PLSA carried out a webinar at the end of 2022 with case study funds sharing how they have successfully attracted and retained younger talent.

We’ll aim to produce a best-practice case studies document, based in part on some of the approaches we heard at the webinar.