Here’s a quick round-up of all the key news, including our new online pension account and the 2025 Annual Report and Accounts, dashboards, consultations and upcoming events - everything you need to know, all in one place.
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.
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2025 WYPF report and accounts published
Despite a tricky end to the year for global markets, our investments delivered a positive return of 3.9%, marking the fifth year in a row of gains. And our assets reached a record high of almost £20 billion on 31 March 2025.
We also remain one of the lowest-cost LGPS administrators while still scoring highly for service quality. For all the important facts and figures you can see the draft report at www.wypf.org.uk/wypf/wypf-documents-and-boards/
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Live chat
Did you know you can now ‘chat’ to one of our advisers online using the live chat feature on our website?
All you have to do is type your question to get started and we’ll do our best to answer your questions clearly on screen.
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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.
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Don’t let scammers steal your retirement
Protect your pension and savings and always be on the look-out for criminals trying to catch you out. Earlier this year, Action Fraud revealed 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.
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Other topics
You might be interested in these other topics we cover on www.wypf.org.uk/lgps-members/im-receiving-pension/
- Death grants in retirement
- Pension pay dates
- Pension increase information
- Life certificates
Remember to keep your details up to date, and if you move house or change your bank details make sure you tell us so we can update your records.
For information about how we protect and use your data you can read our privacy policy on www.wypf.org.uk/privacy-policy
Regards,
Stuart Duncombe West Yorkshire Pension Fund Chief Executive's Department
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