LPPI to deliver £200m in cost savings by 2025

Annual net cost savings increased to £40.2m by March 2023 from £39.1m last year

Holly Roach
clock • 2 min read
LPPI to deliver £200m in cost savings by 2025

Local Pensions Partnership Investments (LPPI) revealed it is “on track” to deliver £200m in cost savings by 2025.

LPPI - which was the first Local Government Pension Scheme (LGPS) pool to publicise its net cost savings - revealed the annual net cost savings through its own pool had increased from £39.1m in the...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Join now

 

Already a Professional Pensions
member?

Login

More on Industry

Scottish Widows renews master trust insight partnership with PMI

Scottish Widows renews master trust insight partnership with PMI

Partnership will see Scottish Widows act as PMI’s insight partner

Martin Richmond
clock 19 March 2025 • 2 min read
Buzz: Should the government establish a long-term savings commission?

Buzz: Should the government establish a long-term savings commission?

Long-term savings commission, regulatory burdens and trustee workload

Professional Pensions
clock 18 March 2025 • 1 min read
Phoenix Group operating profit increased by 31% in 2024

Phoenix Group operating profit increased by 31% in 2024

Group results show group workplace AUM rose to £66.5bn last year

Martin Richmond
clock 17 March 2025 • 3 min read
Trustpilot