North Yorkshire Pension Fund

LGPC Bulletins Log

Bulletin Number	Action	Response
214 – Sept 2021	GDPR documents updated Review the changes to each document and update your local versions accordingly.	Complete – documents updated
215 – Oct 2021	Pensions Dashboards Start preparing for dashboard on-boarding by considering whether we wish to use an ISP to connect to the dashboard ecosystem, cleansing our data and ensuring we have adequate resources to prepare for the dashboard connection.	In Progress
218 – Dec 2021	Pensions dashboards – A to Z industry guide Review the guide and start preparing for pensions dashboards. Pensions dashboards – data matching guidance Review the accuracy of the personal data values held for all active and deferred members	On our To Do list – to be worked on when employers are on-boarded and backlog cleared
231 – Nov 2022	Pensions Dashboards Programme (PDP) publishes updated standards Administering authorities should consider how they will comply with the standards. We recommend discussing the standards with their software provider or third party administrator, for those funds administered externally.	In Progress
233 – Jan 2023	New version of non-Club transfers out guidance Check our transfer letters are in line with these changes.	Complete – documents are in line
236 – March 2023	Lifetime allowance statutory guidance Ensure our processes and communications are in line with the changes.	Complete – processes and comms are in line
237 – April 2023	Updated Guides Let your employers know about the new versions of the HR and payroll guides and update your local versions of the employee and retirement planning guides. Update on Death Grant process Ensure your process is in line with HMRC’s email. New CDC schemes Update your transfer out process to account for the new list of CDC schemes. Backdated pay FAQs for Employers Let your employers know about the FAQs.	Complete – email sent 21/04/2023 Complete – process is in line Complete – list updated Complete – email sent 21/04/2023
238 – May 2023	2023 updates to guides, factsheets and leaflets LGA published updated version of various guides, factsheets and leaflets. Update your local versions. Guarantee for academy trusts outsourcing arrangements Provided the conditions in the DfE policy document are met, you do not need to request evidence of Education and Skills Funding Agency (ESFA) approval for pass-through arrangements. Update your processes and notify your academy trusts. McCloud remedy consultation On 30 May 2023, DLUHC published a consultation and draft regulations concerning the McCloud remedy. Review the consultation documents and respond by 30 June 2023. SCAPE discount rate and impact to actuarial factors - update Certain transfer calculations and cash equivalent values for divorce WERE suspended following the change to the SCAPE discount rate in March 2023. Look out for an email from the LGA containing revised factors and transitional table. Automatic enrolment - call for evidence On 15 May 2023, the DWP published a call for evidence on the alternative quality requirement used by defined benefit schemes for automatic enrolment (AE). Notify your employers of this call for evidence. Consultation on second set of rectification regulations On 22 May 2023, HMRC launched a consultation on The Public Service Pension Schemes (Rectification of Unlawful Discrimination) (Tax) (No.2) Regulations 2023. As part of the consultation, H M R C will hold several round tables. Review the regulations and consider whether you wish to respond to the consultation. Consider if you would like to be part of the round table discussions. (McCloud) Remedy newsletter – May 2023 On 23 May 2023, HMRC published Remedy newsletter May 2023. Consider whether to volunteer to assist HMRC. Club transfers – extending the 12-month time limit On 26 April 2023, the Cabinet Office clarified a Club transfer may take place outside the 12 month time limit, in exceptional circumstances and providing both the sending and receiving schemes agree. Incorporate this clarification into your Club transfer process. Your LGPS contacts Administering authorities are responsible for updating their own contacts using the ‘Your LGPS contacts’ system. Review your political and finance contacts on the ‘Your LGPS contacts system’ as soon as possible.	Complete N/A – we do not provide pass through arrangements No action – we won’t be responding to the consultation Factors received 01/06/2023 – waiting for update table from system provider Complete – email sent 31/05/2023 No action – we won’t be responding to the consultation No action – we don’t have time to volunteer Complete Complete – 31/05/2023 - currently up to date