LGPS First has launched as a network of independent Local Government Pension Scheme (LGPS) practitioners, bringing together LGPS expertise and governance experience to support LGPS funds.

The launch comes amid increasing requirements around governance, investment oversight, pooling, administration, regulatory compliance and accountability across the LGPS and wider pensions sector, placing greater demands on those responsible for oversight and scrutiny.

LGPS First has been established by experienced LGPS practitioners and brings together individuals who have held senior roles across LGPS funds and pools, chaired boards and committees, advised national bodies and overseen investment, funding and organisational change programmes.

Positioning itself as an alternative to professional trustee companies, the organisation said it will provide a framework for independent professionals to collaborate, share expertise and develop their knowledge while remaining independent.

Members will remain independent individuals appointed directly by pension funds.

It also said it will operate on a cost-recovery basis rather than generating profits.

LGPS First's founding members include Robert Branagh, George Graham, Fiona Miller, Dafydd Edwards, Jill Davys, Kevin McDonald and Dawn Turner.

LGPS First member, and independent person, adviser and NED, Robert Branagh, commented: "Strong governance is no longer simply about compliance with today's requirements.

"It requires an understanding of emerging regulatory expectations, changing governance standards and the lessons being learned across the wider pensions industry.

"Most importantly, LGPS First combines two qualities that are often viewed separately: deep LGPS expertise and broad governance experience."

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