Royal County of Berkshire Pension Fund joins LPP

The Local Pensions Partnership (LPP) and Royal Borough of Windsor & Maidenhead today announced that they have entered into a memorandum of understanding for the Berkshire Pension Fund to join LPP. The memorandum of understanding confirms a commitment by both parties to pool pension assets from Berkshire with those already managed by LPP. In addition, the partnership will also manage Berkshire’s pension administration, liability management and employer risk services. Work is now underway in the preparation of a proposal and full business case to be approved in which the Berkshire Pension Fund will delegate responsibilities to LPP to manage its assets from 1st April 2018.

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