Training Strategy

Regulation 55A of the LGPS Regulations 2013 sets out that an administering authority must prepare a Training Strategy setting out how the authority will ensure that any persons to whom Regulation 55B(1) or (2) (administering authorities: knowledge and understanding requirement for relevant persons) applies will meet the 
knowledge and understanding requirement in paragraph (3) of that regulation. 

Regulation 55B(4) states the degree of knowledge and understanding required by paragraph (4) is that appropriate for the purposes of enabling that person to properly exercise their functions that have been delegated by the administering authority in accordance with guidance issued by the Secretary of State.

The Isle of Wight Council LGPS, uses the pyramid below to implement its training strategy to ensure the training initiatives are aligned with the fund's overall objectives and priorities. The purpose of the training strategy is to align the Fund's training initiatives with its overall objectives and priorities.

To assist with implementation of the strategy, the fund has also adopted a knowledge and development policy. A training plan is also set each year to ensure training sessions are organised and aligned with the funds business plan.