LPFA and Lancashire to save £32m through ALM partnership

Stephanie Baxter
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The Lancashire County Pension Fund Committee and the London Pensions Fund Authority Board (LPFA) have pooled combined assets of £10bn with the aim of saving at least £32m in costs.

The announcement today concludes talks that began in December to set up an asset liability management partnership to boost performance and cut costs, including on administration. The pension ser...

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