Lothian Pension Fund administers the Local Government Pension Scheme (LGPS) in Edinburgh and the Lothians. We’re an asset-backed and multi-employer scheme with around £8 billion of assets and the second largest LGPS fund in Scotland, serving 79,000 members and 67 active employers.
LPF is unique in Scotland in operating an FCA-regulated investment arm, which allows the team to provide advisory services and to manage assets for third parties. We manage over 85% of assets in-house via internal equity and bond portfolios and infrastructure investment.
In 2015, we established a company called LPFI Limited. LPFI is authorised by the FCA (Financial Conduct Authority) to deliver investment services which enables our collaboration with other LGPS funds.
In March 2017, we became the first UK Local Government pension fund awarded accreditation for the Pensions Administration Standards Association and have held the Customer Service Excellence Award for over 10 years.