Sharia Law

Lydia Seymour gives Opinion to the LGPS Scheme Advisory Board on Sharia-compliant alternatives to the LGPS

Lydia Seymour has been asked to write an Opinion for the LGPS Scheme Advisory Board on the issue of whether local authorities need to offer a sharia-compliant alternative to the Local Government Pension Scheme.  A number of LGPS member authorities had observed that some employees were opting out of the LGPS on the basis of their religious belief, particularly people of the Muslim faith who were concerned that LGPS funds/investments were not Sharia-compliant.  At present there is no alternative pension provision from these employers other than the LGPS. The board therefore commissioned a report and asked Lydia to advise on the risk of a successful claim for discrimination or human rights challenge from an employee complaining of a failure by…

News, Pensions 3 May, 2022