Lothian Pension Fund

The Lothian Pension Fund has pledged to no longer supply funding through new bond or equity investments to companies not aligned with the Paris Agreement.

The Lothian Pension Fund (LPF) has published a statement of responsible investment principles with a focus on incorporating ESG issues into analysis and decision-making, while also committing to report on activities and progress.

The £8bn Lothian Pension Fund (LPF) has appointed custodian Northern Trust as the provider of an automated proxy support service.

Yesterday (28 October), Professional Pensions reported that the Lothian Pension Fund had discontinued a tender process for admin and payroll software.

Scotland's second largest local pension fund has appointed Doug Heron as its new chief executive to replace outgoing Clare Scott.

Lothian Pension Fund and Allen & Overy have joined the Pensions Administration Standards Association (PASA), taking its member representation to 11 million.

Pension schemes have been urged not to rely too much on models when assessing the probability of extreme events affecting portfolios.

Improving standards by cracking down on employers

The £14.4bn National Grid UK Pension Scheme is to sell its captive asset management business Aerion Fund Management.

The Lothian Pension Fund has announced its deficit almost tripled to £417m over the last three years as the scheme continues to bring more asset management in house.