Pensions - Articles - JLT EB appointed to LGPS support services framework


JLT Employee Benefits (JLT), one of the UK’s leading pension and employee benefit providers, has been appointed to the new national Local Government Pension Schemes (LGPS) framework covering pensions administration support services. The appointment will enable JLT to be selected by individual LGPS funds to carry out key projects, such as GMP reconciliations and data cleansing.

 • Further expansion in the LGPS sector in addition to investment consulting
 
 The development further extends JLT’s involvement in the public sector, building on the success of its investment consulting services. Most recently, the team appointed Nick Buckland, formerly Chief Treasury and Pensions Manager for the Dorset County Council pension fund, to strengthen its LGPS investment consulting offering.

 JLT was selected for the framework owing to its considerable experience in carrying out administration projects for large schemes – including a number with over 100,000 members and a similar profile to LGPS funds. Those projects range from full or partial GMP reconciliations to data validation and cleansing, as well as trivial commutation programmes. Under the framework, JLT will also be able to offer other services including scheme reconstruction, administration audits and reviews, temporary staffing support/interim management across a range of functions, member tracing and mortality exercises, communication exercises and pensions accounting services.

 Mark Adamson, Director at JLT Employee Benefits, commented: “We look forward to having the opportunity to work with LGPS funds to advise and support them on projects such as GMP reconciliations and data cleansing. We believe that the combination of our immense experience in these areas and our ability to bring fresh thinking will bring great benefit to the funds.”
  

Back to Index


Similar News to this Story

2025 is a key year for pensions to consider their endgame
Aon has said that 2025 is a key year for UK pension schemes and has formed the UK Endgame Strategy team to help schemes with the decision-making proce
How pension tweak could save employers thousands
National Living Wage increased this month from £11.44 to £12.21 per hour. Employer National Insurance (NI) has also risen and the threshold at which e
2024 pension contributions surge but gender gap widens
New analysis from PensionBee highlights a sharp increase in pension contributions in 2024, despite ongoing pressures on household budgets.

Site Search

Exact   Any  

Latest Actuarial Jobs

Actuarial Login

Email
Password
 Jobseeker    Client
Reminder Logon

APA Sponsors

Actuarial Jobs & News Feeds

Jobs RSS News RSS

WikiActuary

Be the first to contribute to our definitive actuarial reference forum. Built by actuaries for actuaries.