Laura Sharman 08 December 2020

Local government pension fund achieves 'gold standard' for administration

Local government pension fund achieves gold standard for administration image

The West Midlands Pension Fund has become the first local government pension scheme in England and Wales to achieve accreditation from the Pensions Administration Standards Association (PASA).

The accreditation aims to drive up standards in pension administration, and just nine other organisations have successfully gone through the programme.

Cllr Milkinder Jaspal, chair of the West Midlands Pension Fund, said: ‘With the expansion of the Pensions Regulator’s (TPR) role to include standards of governance and administration for local government, we were keen to demonstrate, and receive independent acknowledgement for the effective process and controls within our administration service.

’Our members are our priority and we want to continually demonstrate to them our commitment to best practice.’

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