Latest news & announcements

Preparing for retirement

Preparing for retirement

A series of free pre-retirement workshops is available to assist members of the pension scheme when they begin to think about planning for retirement.

The workshops are aimed at anyone considering leaving employment on normal, early or ill health retirement, or taking flexible retirement within the next 18 months or so. Partners are encouraged and welcome to attend.

Unison ShareAction report on responsible investing in the LGPS

All LGPS funds are required to publish an Investment Strategy Statement. This statement explains the Fund's investment strategy, how it manages all relevant investment risks and how it carries out its stewardship responsibilities. Unison commissioned a report to review and analyse the statements which can be accessed below. The report highlights the proactive strategy the Avon Pension Fund has for responsible investing.

PDF iconUNISON / ShareAction - LGPS Responsible Investment Report 2019

Changes to the LGPS

There have been recent changes to the Local Government Pension Scheme (LGPS) following the introduction of the LGPS (Miscellaneous Amendment) Regulations 2018 which came into force on 10 January 2019.

Changes to survivor benefits for same sex spouses and civil partners

A change to the scheme rules has been made to provide that survivor benefits payable to a same sex spouse or a civil partner are equal those paid to the widow of a male member. 

No deal scenario Brexit guidance

On 15 February 2019, the Department for Work and Pensions updated two sets of guidance explaining the rights of UK nationals in the EU, and EU citizens in the UK, to benefits and pensions if the UK leaves the EU without an agreement (a 'no deal' scenario).

The guidance confirms in respect of both parties that “There is nothing in UK private occupational pensions legislation that prevents occupational pension schemes from making pension payments overseas. We do not expect that this will change as a result of the UK withdrawing from the EU.”

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