Who is the Local Pensions Partnership?
The Local Pensions Partnership (LPP) is a collaboration between two successful LGPS funds – Lancashire County Pension Fund and London Pensions Fund Authority – with the goals of creating:
- A best-in-class, end-to-end pensions services organisation for public sector funds; LPP currently provide pensions administration services to 13 funds, including LGPS, fire and police schemes.
- An FCA-regulated structure for asset pooling.
- An organisation focused on managing assets and liabilities (risk) together in order to improve long-term fund performance, stabilise contributions and reduce deficits.
- A partnership which is open to other LGPS and public sector funds to join as owner shareholders or as investors only in LPP’s pool.
As a local government owned pensions services company, our drive is to achieve economies of scale and efficiencies for the benefit of our members, employers and partner funds, rather than profits for shareholders, without compromising on service quality.
Furthermore, as a best-in-class pensions organisation we are committed to delivering high quality and professional pensions administration services.
What we do
Our range of services can assist our partner funds reduce deficits, lower costs and improve outcomes for all stakeholder groups.
Who we are
Discover more about LPP’s ethos, structure, operations and people.