North Yorkshire Pension Fund

LGPC Bulletins Log

Bulletin Number	Action	Response
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 – ISP provider chosen, data cleansing commenced, monthly project meetings commenced, connection date set.
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	In progress – as above
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 – as above
243 – Oct 2023	McCloud compensation cases DLUHC would like to know if administering authorities receive any applications for McCloud compensation. Send depersonalised details of each case to lgpensions@levellingup.gov.uk. Interfund transfers and the McCloud underpin Apply the approach set out by DLUHC for interfund transfers.	Ongoing activity Ongoing activity
244 – Nov 2023	McCloud technical guide for administrators Use the McCloud technical guide to help you implement the McCloud remedy. LGPS Pensions Dashboard connection guide Review the LGPS Pensions Dashboards connection guide and start preparing to implement dashboards.	In progress In progress – as above
246 – Jan 2024	New GAD guidance Review the new guidance and amend your processes accordingly. Discuss the changes with your pensions administration software supplier.	Ongoing
247 – Feb 2024	2024/25 Pension scheme return On 12 February 2024, HMRC published guidance for administrators preparing for the new 2024/25 pension scheme return. Review the guidance and complete the steps set out in it to prepare.	Ongoing

249 – Mar 2024	Annual Report Guidance 2024 Review the new guidance and implement the new requirements when producing and publishing your Fund’s Annual Report. Abolition of the LTA administrator guide On 22 March 2024, Jayne Wiberg emailed administering authorities about the release of an administrator guide on the ‘Abolition of the LTA’ and a draft ‘Previous pension benefits declaration form’. Review the new guidance and amend your processes accordingly.	In progress In progress
250 – Apr 2024	LGA standard McCloud wording for 2024 annual benefit statements Consider using the standard wording in the 2024 annual benefit statements Impact of the abolition of the lifetime allowance on the McCloud remedy Make further enquiries if you receive a transitional tax-free amount certificate application for a member who has previous benefits in a different public service pension scheme. Temporary unavailability of HMRC's remedy adjustment online service If you are aware of any members who need to calculate and report an annual allowance or lifetime allowance adjustment due to the McCloud remedy to HMRC, share this article with them.	In progress – part of McCloud project In progress – part of McCloud project No members affected yet
251 – May 24	Pensions dashboards On 30 April 2024, the Pensions Dashboards Programme published version 1.2 of the data standards. Discuss the data standards with your integrated service provider to ensure your administering authority is compliant. Consultation on the Pensions Scams Industry Group Consider responding to the consultation. LGA previous pension benefits declaration form version 1.1 Review and consider using the updated form and the accompanying notes. LGA Employer role training (England and Wales) Share information about the employer role training with your Scheme employers. Discuss potential for commissioned training at Pension Officer Group meetings.	In progress – see above No capacity to respond to consultation Completed Completed - email sent 31/05/2024
252 – June 24	Aggregation and concurrency Review our concurrent aggregation processes to ensure they are in line with the regulations. TPR nudge campaign Make sure we have registered our ‘key dashboards contact’ and use the link within our first nudge email to nominate further contacts. Non-Club CETVs for members with McCloud protection Review our transfer, divorce and interfund processes to make sure our non-Club CETV calculations are correct for members with McCloud protection New LGPS informer document launched Share the new audit informer document (published by SAB and the Institute of Chartered Accountants in England and Wales) with Scheme employers and ask them to share it with their auditors. LGA Employer role training (England and Wales) Share information about the employer role training with your Scheme employers. Discuss potential for commissioned training at Pension Officer Group meetings.	Completed Completed Completed Completed – email sent 28/06/2024 Completed – email sent 31/05/2024