Local Government Pension Scheme

Document Archive

Category	Documents	Date Range
Fund Annual Reports	840	2014-2024
Committee Meetings	386	2016-2025
Board Meetings	259	2016-2025
Board Publications	62	Various
Total	1,547

Authority Coverage

98 administering authorities tracked across England, Wales, and Scotland, including contact information, decision makers, and opportunity scoring.

Update Frequency

• Weekly CRON Job - Sunday 2 AM: Scrapes LGPS Advisory Board for new documents
• Annual Reports - Updated as published (typically September-December)
• Committee Papers - Updated within 24 hours of publication

ACT Knowledge Base

200 priority documents indexed in Gemini RAG for intelligent querying. The ACT assistant can answer questions about specific funds, committee decisions, and regulatory requirements.

Purpose

The Scheme Advisory Board (SAB) advises the Secretary of State, LGPS administering authorities, and other stakeholders on the effective and efficient administration and management of the LGPS.

Composition

• Chair - Independent (currently Councillor Roger Phillips)
• 6 Employer Representatives - Local Government Association nominees
• 6 Member Representatives - Trade union nominees (UNISON, GMB, Unite)

Committees

Committee	Focus	Meeting Frequency
Investment	Investment strategy, pooling, responsible investment	Quarterly
CMBDA	Cost Management, Benefit Design & Administration	Quarterly
C&R	Compliance & Reporting	Quarterly
IGE	Investment, Governance & Engagement	Quarterly

Current Projects

• McCloud Remedy Implementation
• Pensions Dashboards
• Good Governance Review
• Cost Transparency Initiative
• Gender Pensions Gap

Overview

The LGPS is one of the largest funded pension schemes in the UK with approximately 7.5 million members and £460 billion in assets.

Administration Breakdown

Type	Count	% of Total
In-House Administration	78	80%
Outsourced to Third Party	20	20%
Total	98	100%

Regional Distribution

Region	In-House	Outsourced	Total
London	21	12	33
South East	10	2	12
Midlands	11	2	13
North	14	2	16
South West	6	0	6
Wales	8	0	8
Scotland	8	2	10

Investment Pools

LGPS funds are grouped into 8 investment pools: ACCESS, Border to Coast, Brunel, LGPS Central, Local Pensions Partnership, London CIV, Northern, and Wales.

Executive Summary

The LGPS represents a significant growth opportunity for Aptia, with 78 in-house administering authorities representing a target market of approximately £3m-£12m+ in revenue over 3-5 years.

Top 10 Opportunity Themes

#	Opportunity	Revenue/Fund	Urgency	Scalability
1	McCloud Remedy	£75,000-£150,000	Aug 2026	10/10
2	Pensions Dashboards	£50,000-£100,000	Oct 2026	10/10
3	GMP Equalisation	£40,000-£80,000	Ongoing	10/10
4	Data Quality Issues	£30,000-£60,000	2025-2026	10/10
5	Own Risk Assessment	£40,000-£80,000	2025-2026	9/10
6	Backlog Resolution	£50,000-£150,000	Immediate	8/10
7	System Migration	£75,000-£200,000	Various	7/10
8	NMPA Increase (2028)	£30,000-£60,000	2025-2027	9/10
9	Employer Discretion Tables	£20,000-£50,000	Ongoing	10/10
10	Cyber Security	£25,000-£50,000	Ongoing	8/10

Procurement Considerations

Many opportunities fall below the public sector procurement threshold (£189,330 for services), enabling direct commission without ITT process. Target timeline: 3-6 months from initial contact to contract.

Key Events & Conferences

• PLSA LGPS Conference - June (annual)
• LGPS Managers Conference - November, Torquay
• LGA Pensions Conference - September, London