Our new online pension account service is on the way

We’re getting ready to launch our new online pension account over the next few months. It's been built in-house, designed around our members, and is a big step up from the service it’s replacing (My Pension).

You’ll notice a cleaner layout, smoother navigation and much better reliability and security from day one. It’s a fresh start and a foundation we’ll keep building on.

To keep things simple at launch, the core features you’re used to will be there straight away, and with more features and services being added over time, it’s only going to get better.

Keep an eye out on our website and for your invitation to register over the next few months, we’d love you to give it a try when it arrives. And, your feedback will help us shape what comes next.

Events & webinars

Running throughout the year we have a range of courses and webinars you can book online from our 'Engage with your LGPS' series where you can find out more about your scheme, to financial planning and pre-retirement courses, hosted by our partner Affinity Connect.
Check out all our member events on our website at www.wypf.org.uk/lgps-members/lgps-knowledge-hub/events/

McCloud age discrimination national webinars now available to book

These free webinars, running throughout December, give members an overview of the age discrimination remedy, commonly known as the McCloud remedy.

Visit www.lgpsmember.org/mccloud-remedy/mccloud-webinars to find out more and book a place.

Pensions dashboards – progressing well, but not launching for a while yet

Work is ongoing at a national and local level to build and connect to a national Pensions Dashboard that will be free for all UK citizens to use to view a summary of all their pension information online and in one place. We now don’t expect DWP to launch the service until late 2026 at the earliest. Find out more at www.wypf.org.uk/pension-dashboards

Minimum pension age change (55 to 57)

Following changes to the minimum pension age set out in the Finance Act 2022, the earliest age people will be able to take a pension will increase from age 55 to 57 with effect from 6 April 2028. (This doesn’t apply if you have to take your pension early due to ill health.)

However, you might be protected from this change if you joined the LGPS before 4 November 2021, as the Act allowed for some members to keep a lower ‘protected pension age’. We do not yet know for certain how this will be implemented in the LGPS, but the consultation below sets out the Government’s intentions.

New regulations in consultation

In October the Government launched a consultation on changes to the LGPS the ‘Local Government Pension Scheme in England and Wales – Scheme Improvements (Access and Protections)’ consultation, which lasts for ten weeks ending on 22 December 2025. The consultation represents the next phase in its efforts to improve access to and fairness in the scheme. The consultation sets out proposals across four key policy areas:

• amending the normal minimum pension age to reflect legislative changes
• simplifying the process for applications from academies to change the fund they are in
• applying new Fair Deal protections to outsourced workers, and
• bringing pension fund access to mayors and councillors in England in line with Scotland, Wales and Northern Ireland.

To learn more and for information about how to respond to this consultation search for ‘scheme improvements (access and protections)’ at www.gov.uk.

Don’t let scammers steal your retirement

Savers and those reaching retirement age are being warned to protect their pensions and look out for criminals trying to catch people out of their life savings, with Action Fraud revealing a total annual loss of £17,567,249. This equates to roughly £48,129 lost to this type of fraud per day in 2024. It pays to be aware and be on your guard against the scammers. Take a look at www.actionfraud.police.uk/news/pensionfraud and www.fca.org.uk/scamsmartand find out how to protect yourself.