Here you will find information about Lothian Pension Fund who provide a pension service for local government employees in the Lothian area of Scotland. You can find out more in our section About us.
Fund scoops national award
Lothian Pension Fund has won the prestigious Fund of the Year over £2bn at the LGC Finance Award held recently in London.
Find out more about an HMRC email fraud scam here
Have your say
Are you a member of the Fund currently paying contributions who has recently contacted the Fund? If yes, we want to here your views.Take part in our active members' survey Click Here to take survey
Changes to transferring pension in
From 1 October 2009, the types of previous pension that can be transferred into the Scheme have been restricted. Find out more in the active members' section.
Annual Benefit Forecasts
Annual benefit statements were issued on Monday 21 September to over 28,000 members. Your forecast is an estimate based on the information provided by your employer.
* Age 65 lumpsum - find out why the age 65 lumpsum is the same as the lumpsum at 31 March 2009.
* Nomination of beneficiary form
* Co-habiting partner form
Ask for a State pension forecast
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e-newsClick here to send us an email that will sign you up for our e-news alerts.
Transition managers appointed
The Fund has appointed the following managers to their Transition panel:
BNYConvergEx, Barclays Global Investors, State Street to join Goldman Sachs, already on the panel, and who have been retained.
Annual Report and Accounts 2008/09
View our Annual Report and Accounts 2008/09 [PDF]
here.
The 2008/09 accounts show the Fund's value fell from £2.9bn on 1 April 2008 to £2.3bn on 31 March 2009. The Fund has since recovered to £2.7bn as at the end of August 2009.
New Scheme rules from 1 April 09
A guide to the new rules is available on the Active members section.
Investment Strategy changes
Changes have been approved to the Fund’s investment strategy.
The changes to the Fund's strategy are broadly as follows: 5% reduction in bonds, 6% reduction in listed equity, 11% increase in alternatives. In addition, the strategy sets broader asset class levels and incorporated more assets into "alternatives".
These changes will be implemented gradually.
Customer Service Excellence Award accolade achieved
Lothian Pension Fund been successful in gaining the new Customer Service Excellence Award that replaces Charter Mark. We are the first local government pension scheme in the UK to receive the award for investment and accounting services as well as pension administration. Read more in our News section.
Your pension is secure
Your pension is secure, backed by law and the amount you are paid in pension is based on your membership and final year's pay. Read our frequently asked questions briefing for more information.
Retired but going back to work?
If you are retired and thinking of going back to work read about how it might affect you -
member update on abatement.
Changes to Scheme rules
From December 2007, any AVC payments can only be made from your regular pay. One-off payments are no longer accepted. Read our
AVC member update to find out more.
Members can also pay to have their service before April 1988 count towards civil partners' dependant pensions. Read our
civil partner member update to find out more.
We will keep you
updated through member newsletters, Employer Bulletins and this site.
