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London Pensions Fund Authority (LPFA)

The LPFA is a leader in the provision of pension administration for the Local Government Pension Scheme. It also has its own pension fund with assets of over £4.1bn as at March 2011. More information about the LPFA can be found in the history page or by contacting us directly.

LPFA also carries out third party pension administration and other LGPS services. Currently LPFA carries out administration for Bexley Council, London Fire and Emergency Planning Authority (LFEPA), London Borough of Newham and Westminster City Council, Ealing Council, Hertfordshire County Council and Hertfordshire Fire Scheme.

Broad agreement reached between unions and Government over scheme reform

Following recent negotiations between Government, Local Government Group and Trades Unions it appears that a broad level agreement has been reached for future scheme reform. There will now be a one stage reform process rather than the previous proposal which was to consider short and long term reforms. Details of the agreement can be found on the Local Government Association website but the long term reforms will now be introduced in 2014 (a year earlier than expected) and the planned employee increase in April 2012 appears unlikely.

Key elements of longer term scheme reform still include a move to a career average scheme, with a retirement age in line with the state pension age. A list of question and answers (PDF 37KB - opens new window) has been developed for the new scheme including a definition of career average scheme, also known as CARE.

As more information becomes available this website will be updated.

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