Local Pensions Partnership (LPP) is a pensions services provider for LGPS and other public sector pension funds. We aim to help clients reduce pension deficits, improve investment returns and lower costs through our core services:
- Investment management and advisory
- Pensions administration
- Asset and liability risk management
LPP was formed in 2016 through a collaboration between Lancashire County Council and the London Pensions Fund Authority.
In addition to managing pension assets for our investment clients, we currently provide pensions administration services to more than 580,000 members across LGPS, Police and Firefighters pension schemes.
Our Investment Management services are provided by Local Pensions Partnership Investments Ltd (LPPI).
LPPI is authorised and regulated by the Financial Conduct Authority and is a fully-owned subsidiary of Local Pensions Partnership Ltd (LPP) (together the “LPP Group”).
LPPI is additionally the Alternative Investment Fund Manager (AIFM) for GLIL. GLIL is an infrastructure fund structured as an unauthorised Alternative Investment Fund (AIF) and was established by a group of five Local Government Pension Scheme (LGPS) funds (Greater Manchester Pension Fund, London Pensions Fund Authority, Lancashire County Pension Fund, Merseyside Pension Fund, and West Yorkshire Pension Fund).