Changes to LGPS regulations mean survivor pension benefits will be calculated more fairly, regardless of sex or type of partnership. From 1 April 2026, some survivor pensions may increase, and some will become payable for the first time. The changes apply retrospectively in some cases. 

If you think these changes impact you, you don’t need to do anything. We will review all relevant cases, and contact anyone affected by this change.

Changes to LGPS regulations mean death grants are paid more flexibly and fairly.

The age limit for paying a death grant has been removed, meaning a grant may be payable even if a member dies after age 75. This change also applies to some deaths that occurred in the past. 

There are also changes to how late death grants are paid, giving the pension fund more discretion to pay beneficiaries. This will potentially reduce tax.

In the LGPS, women typically receive lower pensions than men which is known as the gender pensions gap. From 1 April 2026, new LGPS rules give active members stronger pension protection during periods away from work, helping to reduce the gender pensions gap. 

Your pension will continue to build up during certain unpaid periods of child related leave, and during short authorised unpaid breaks. There are also more generous and flexible rules for buying back lost pension if you take longer unpaid leave.

The inheritance tax rules are changing for all pension schemes from 6 April 2027. 

From this date, if you have nominated someone other than your married spouse or civil partner, any death grant due may become subject to inheritance tax, depending on the total value of your estate. 

Death in service grants which are payable to beneficiaries of active members are exempt.

The UK government has confirmed that councillors and elected mayors in England will be eligible to join the LGPS from 11 May 2026. Joining the pension scheme will be voluntary, not automatic. Councillors and elected mayors will enrol into the scheme on an opt-in basis through the authority they serve. Information on how to do this will be published once it’s available.

We’ve introduced a new booking system for members who may require in person support with pension queries. Appointments will take place at Keynsham library are led by a member of our experienced administration team.

Our new report shows strong progress towards net zero, and commitment to local investment and creating long‑term value for members. It also sets out how we’re using our voice and vote as responsible investors. 

We look ahead to focus areas for 2026, as we continue to push forward our environmental, social and financial priorities. 

In a public meeting in Bath on 12 December the Avon Fund Pension Committee voted to maintain its current approach to investing in Aerospace and Defence. In addition, it noted the strength of the views expressed by Fund members and agreed to communicate them to its new investment pool, Local Pension Partnership Investments, to inform their investment policies. 

Your new online account is more secure, easier to use and offers a better online experience - making it easy to stay in control of your pension.

Members will be pleased to hear that it was a strong year for financial performance, local investments, and member services.