{
  "url": "https://openlegislation.uk/local-government-pension-scheme-amendment-governance-regulations-2026/note",
  "json_url": "https://openlegislation.uk/local-government-pension-scheme-amendment-governance-regulations-2026/note.json",
  "legislation": "uksi/2026/545",
  "legislation_title": "The Local Government Pension Scheme (Amendment) (Governance) Regulations 2026",
  "legislation_url": "https://openlegislation.uk/local-government-pension-scheme-amendment-governance-regulations-2026",
  "path": "note",
  "kind": "note",
  "number": null,
  "heading": "Explanatory note",
  "text": "(This note is not part of the Regulations)\nThese Regulations amend the Local Government Pension Scheme Regulations 2013 (S.I. 2013/2356) (“the 2013 Regulations”), which establish the Local Government Pension Scheme for England and Wales (“the Scheme”) and require certain local authorities to maintain pension funds as administering authorities. The Regulations make provision to strengthen and update governance arrangements applying to administering authorities.\nRegulation 3 inserts a new regulation 53A into the 2013 Regulations. This requires administering authorities to appoint a senior officer with overall responsibility for the administration, governance and investment of the Scheme, and sets out restrictions on who may be appointed to that role. The regulation also requires administering authorities that delegate Scheme functions to appoint an independent person to support the discharge of those functions.\nRegulation 4 revokes regulation 55 of the 2013 Regulations, which required administering authorities to prepare a governance compliance statement. Regulation 5 inserts a new regulation 55A into the 2013 Regulations, replacing that requirement with obligations to prepare and maintain a governance strategy, a training strategy, and a conflicts of interest policy.\nRegulation 5 also inserts a new regulation 55B, which sets out a new requirement for persons to whom functions have been delegated under the regulations, and the named officer appointed under regulation 53A, to meet a “knowledge and understanding” requirement similar to the one that applies to members of a local pension board under section 248A of the Pensions Act 2004 (c. 35).\nRegulation 6 amends regulation 57 of the 2013 Regulations to allow administering authorities to include links to governance documents in their pension fund annual report, rather than the full text, and to reflect the replacement of the governance compliance statement with the new governance documents. Regulation 6 also amends regulation 57(3) so that references to guidance issued by the Secretary of State from time to time are consistent across all relevant provisions.\nRegulation 7 amends regulation 58 of the 2013 Regulations to clarify that administering authorities must prepare their funding strategy statement in accordance with guidance issued by the Secretary of State from time to time.\nRegulation 8 amends regulation 59 of the 2013 Regulations to require administering authorities to prepare a pension administration strategy, to review and update it at least once in each valuation period or following material changes, and to act in accordance with guidance, issued by the Secretary of State from time to time, when preparing, revising and publishing the strategy.\nRegulation 10 inserts a new regulation 116A into the 2013 Regulations. This requires administering authorities to arrange for periodic governance reviews to be carried out by a suitable independent person and enables the Secretary of State to direct that ad hoc governance reviews be undertaken. A governance review is a review of the governance of the Scheme so far as administered by the administering authority, and of the performance and effectiveness of the administering authority as scheme manager, over a defined period. The regulation makes provision about the timing, conduct, reporting and publication of such reviews.\nRegulation 11 amends Schedule 1 to the 2013 Regulations to insert new definitions used by these Regulations.\nNo impact assessment has been produced for this instrument as no, or no significant, impact on the private or voluntary sectors is foreseen.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/2026/545/note",
    "retrieved_at": "2026-10-28T21:01:04.886098+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}