LGMS Board Strategy Day 2022

On 10 March 2022, the LGMS Boards met for a designated strategy day to discuss a range of important topics and to ensure that the mutual schemes are able to continue achieve their objectives for members.

LGMS had a number of important guests on the day, presenting on a range of topics including global trends and emerging risks, actuarial forecasts and emerging trends, key risks for local government and how we can continue to support and collaborate with our LGMA and LGFP partners for our members .

It was also an opportunity to have some great strategic discussions on the preliminary results of the recent LGMS Member Survey, climate risk implications for local government and a number of other strategic challenges and considerations which may impact the schemes.

The LGMS Boards are now compiling the outcomes and actions from the strategy day with any formal proposals or decisions to be sent to the LGM Board of Management or LGW Management Committee for consideration in the coming months.