Further Information

The Pensions Regulator

All public service pension schemes, including the Local Government Pension Scheme, are overseen by the Pensions Regulator. They have issued a code of practice which provides scheme managers and pension board members with a summary of their key governance and administration duties, standards of conduct and practice expected in relation to those duties, and practical guidance on how they can comply.

A summary of the code can be found at https://www.thepensionsregulator.gov.uk/en/public-service-pension-schemes/further-resources/pension-guides

and the full code at http://www.tpr.gov.uk/code14
 
The Pensions Regulator has created a free e-learning programme aimed at those running public service schemes, which is linked to the code of practice. You can sign up at https://education.thepensionsregulator.gov.uk/login/signup.php

 

Legislative Background

The Pensions Board for Bexley has been set up to meet the requirements of the Public Services Pensions Act 2013.

The Department for Communities and Local Government has issued regulations governing the establishment of local pensions boards. Further detailed guidance has also been issued to assist administering authorities.