On 29 June 2026, the Ministry for Housing, Communities & Local Government (MHCLG) published three statutory guidance documents to support LGPS administering authorities in meeting their changing obligations in relation to fund governance, asset pooling, and investment strategy statements. 

In this first in our three part series of articles on the new statutory guidance documents, we focus on the new guidance for administering authorities on preparing and maintaining their investment strategy statement (ISS).

As a reminder, the ISS Guidance is intended to operate alongside the Local Government Pension Scheme (Pooling, Management and Investment of Funds) Regulations 2026 (the “Regulations”), which came into force on 30 June…