Share

The McCloud remedy: Adviser overview – Local Government Pension Scheme (LGPS)

Published  12 December 2022
   40 min CPD

In this webinar Moira Warner and Justin Corliss, Senior Pension Development and Technical Managers, discuss the changes to the McCloud remedy and how this may affect the pension benefits LGPS members are entitled to.

CPD learning outcomes - 40 minutes

After watching this webinar you'll be able to:

  • Describe the background to the issue
  • Explain which LGPS members will be impacted by the proposed remedy
  • Explain at high level how the remedy will work in the LGPS
  • Describe the principle by which the government is applying remedy

Once you've watched the webinar, simply complete the short quiz below and give us a few details. You'll then be redirected to your personalised CPD certificate.

 

What's covered

  • Background
  • Who's impacted & Remedy design
  • Changing schemes - adjustments
  • Example scenarios

Please note: on 25 November the UK Government issued a technical consultation on the taxation aspects of the McCloud remedy. We’re currently reviewing the content of that consultation to understand if any updates are required to this webinar. Please revisit this site to check on updates.

CPD certificate of completion

Once you've watched the webinar, simply complete the short quiz below and give us a few details in order to receive a CPD certificate of completion. It will open in a new browser ready to be saved as a PDF.