The LPFA is the largest Local Government Pension provider in London
The LPFA administers its own £4.6bn pension fund providing LGPS benefits to almost 18,000 employees working for non-for-profit, charity, private sector and local government employers and around 34,000 pensioners, many of whom worked for the Greater London Council and the Inner London Education Authority. We also assist other local authorities with all aspects of LGPS administration and provide comprehensive third party administration services to eight London and county authorities, looking after the pension benefits of more than 250,000 individuals.
The LPFA is an international centre of excellence in pension administration. As well as administering its own fund, we take part in a vast array of initiatives designed to increase knowledge within the pension world. The LPFA take part in a range of initiatives to help 21 local authorities to develop their understanding of pensions.
We also work with the Local Government Association (LGA), on a number of initiatives; such as videos and modellers, to improve individuals’ access to information on their pension. Click here to see how we can assist you.
LPFA works in partnership, managing third party administration for the London Borough of Bexley, London Fire and Emergency Planning Authority (LFEPA), London Borough of Ealing, Hertfordshire County Council and the fire schemes for both Hertfordshire and Bedfordshire.
Our ethos with all of our third party activities has been one of a partnership approach. We work with prospective partners to deliver an arrangement that meets their exact requirements. Our strategy puts collaboration and the sharing of skills and expertise at the heart of what we do, using our resources to help deliver improvements across the LGPS and Fire Pension Scheme. It is only through this kind of cooperation that we can hope to solve the public sector pensions deficit across the UK.