Local Pensions Partnership

From Wikipedia, the free encyclopedia

Local Pensions Partnership (LPP)[1] is a national UK local government pensions services provider set up and launched by the London Pensions Fund Authority and Lancashire County Pension Fund[2] in April 2016.[3]

LPP was established to enable public sector schemes to pool resources and improve management of their assets for the benefit of their members and employers. It is open to all members of the Local Government Pension Scheme and public sector funds in the UK.

It had £22.8bn of assets under management in June 2022[4] and according to its Responsible Investment and Stewardship Annual Report 2020/21 serves 609,000 members from 1800 different employers.[5]

References[edit]

  1. ^ "Who we are – LGPS - Local Pensions Partnership (LPP)". www.localpensionspartnership.org.uk. Retrieved 12 October 2017.
  2. ^ "How We Run Our Money: Lancashire Pension Fund". IPE. Retrieved 12 October 2017.
  3. ^ "Case Studies: LPP and FRR". IPE. Retrieved 12 October 2017.
  4. ^ "Local Pensions Partnership website".
  5. ^ "Local Pension Partnership Responsible Investment and Stewardship Annual Report 2020/21" (PDF).