Published: October 29, 2025
We are pleased to confirm that six Pension Funds have now formally indicated their intention to join the central England-based Pool, bringing our total number of Partner Funds to 14.
The six new Funds that have signed a memorandum of understanding are Gloucestershire, Hampshire, Norfolk, Oxfordshire, Suffolk, and Wiltshire. Together, they will take total managed assets to around £100 billion, covering nearly 5,000 employers and more than 1.6 million scheme members.
This significant development marks a major milestone in the evolution of pooling and reflects strong confidence in our investment approach, governance, culture, and long-term performance.
While this is a positive step forward, formal decisions remain subject to legal agreements and regulatory approval. LGPS Central will continue to work closely with all relevant parties to ensure a well-managed and cost-effective transition.
Joanne Segars, Chair of the Board at LGPS Central Limited, said:
“This is a landmark moment for LGPS Central and for pooling across the UK. The decision by six prospective Partner Funds to join us is a clear endorsement of the robust investment platform, responsible investment focus, and collaborative culture we’ve built alongside our current Partner Funds. Together, we will continue to deliver scale, value, and sustainable outcomes for all our Partner Funds, their participating employers and scheme members.”
Richard Law-Deeks, Chief Executive of LGPS Central Limited, added:
“We’re delighted to welcome six new Partner Funds, bringing our total to 14, to LGPS Central. It’s a strong vote of confidence in our capabilities and our shared commitment to delivering long-term value.
This milestone takes us to the £100bn mark, and our focus now is on delivery, working as one team to build an even more efficient, resilient platform for all our Partners.”
Conversations are ongoing with the Isle of Wight Pension Fund to support their governance process as they confirm their Pool preference. Further updates will be provided as the position develops.
