Sixty Second Summary
Get your academic hats on – LGPS pension training moves into the digital age
27 May 2021
Speak with almost every senior LGPS officer and it’s soon clear that they see the future of administration being driven by digital online technology. However, when it comes to Committee, Board and Officer training, all too often the only option available is the traditional and lengthy ‘sit and listen’ session. At least that was the case until now. Welcome to the LGPS Online Training Academy.
Why did this option need to be created?
The simple answer is that LGPS funds have been demanding this option. Committees, Boards and Officers have been frustrated with the lack of development in the LGPS training area. And they are all too aware of the ever-expanding training expectations placed on them.
Funds have been challenged to match the demands of The Pensions Regulator on the requisite knowledge and skill expected of their decision-making and oversight groups. But in order to truly meet that expectation, some simple truths must be acknowledged:
- The large pension ‘curriculum’ expected to be understood by the Committee/Board
- The limited time available for the Committee and Board members to devote to training
- The fact that being at a certain location or being online at a certain time can be challenging
- Different people learn in different ways and training plans are not a ‘one size fits all’ approach
- Committee and Board members are not expected to be subject matter experts
Acknowledging these ‘simple truths’ made the option of an online LGPS training academy an essential requirement rather than just a nice-to-have.
Download now for more details on:
- The evidence for going online
- Why funds need to prioritise training
If you would like to discuss the online training platform for your Fund, please get in touch with Andrew McKerns.
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