Statement from ACCESS in response to the Fit for the Future policy

Published: August 1, 2025

ACCESS has issued a statement in response to the government’s Fit for the Future policy, acknowledging the significant challenges it poses for individual LGPS funds, the ACCESS collaboration, and the wider sector.

Statement
ACCESS authorities are progressing towards key decisions in response to the government’s Fit for the Future policy, which presents significant challenges for individual Local Government Pension Scheme (LGPS) funds, the ACCESS collaboration, and the sector as a whole.

In light of these challenges, authorities are actively assessing all available options against their strategic criteria to ensure the continued delivery of strong outcomes for members, employers, and stakeholders.

Authorities are now nearing the conclusion of their internal processes to identify preferred pooling partners. Over the summer, they will undertake further governance steps with their selected partners to secure the necessary assurances ahead of the final decision deadline of 30 September 2025.

It is recognised that not all 11 ACCESS authorities are expected to select the same pooling partner.

Throughout this process, ACCESS authorities—supported by the professionalism and expertise of the ACCESS Support Unit (ASU) – remain committed to delivering scale and efficiency benefits as the largest asset pool. They continue to proactively manage costs and mitigate risks associated with the uncertainty of reorganisation.

ACCESS remains focused on delivering value and stability for its members and stakeholders during this period of transition.

For more information on their response, visit the ACCESS website.

 


Further reading
MP questions impact of pooling reforms
Government backstop to encourage Brunel and ACCESS member funds to find a new home


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