Supported by
National Housing Federation

  • Isio Clearer Pensions
  • Isio Clearer Pensions

SHPS/LGPS accounting

Clearer Pensions is designed to provide housing associations with access to tailored pension information and advice through an easily accessible online portal, delivered at scale to achieve exceptional value for money. As part of Clearer Pensions, we offer discrete 'Modules' of advice designed to fulfil specific needs, often focused around a current issue.

We have designed a Clearer Pensions module to help support you through you year end accounting exercise, whether you are in SHPS, LGPS or both. 

Scope of the Module

We will gather data for your participation in SHPS / LGPS, carry out the following steps and provide a short report addressed to your directors:

  1. Review your results schedule and assumptions proposed under FRS102 for disclosure at 31 March 2019
  2. For SHPS only:
    1. Comment on FRS102 policies and treatments applied to the change to full DB accounting for SHPS
    2. Calculate the OCI impact to be recorded for SHPS at 31 March 2018 (we understand that TPT will not provide this number directly), highlighting the reasons for the differences which cause this amount
  3. Assess the proposed assumptions (financial and demographic) from SHPS / LGPS against:
    1. Financial market conditions at 31 March 2019
    2. Typical market practice
    3. Your specific populations
  4. Comment on the calculated impact of GMP equalisation, where given
  5. Set out a range of possible alternative assumptions, and sensitivity impact on results
  6. Consider against your objectives

We will have a phone call with management to talk through and agree next steps.

Purchasing this Module

If you are not already a Clearer Pensions member and you wish to find out more about this module or purchase it, please contact us by calling our helpline on 0800 033 4007 between 9 am and 5 pm, Monday to Friday. Alternatively, please email us at or use the form on the homepage.