LCPF and LPFA appoint William Bourne
30 March 2015 Lancashire
Image: Shutterstock
The Lancashire County Pension Fund (LCPF) and London Pensions Fund Authority (LPFA) have appointed William Bourne as joint independent local pension board chair.
Both funds are establishing separate local pension boards, which will be separately chaired by Bourne.
Bourne’s appointment is the next step in the collaboration between the two funds. Last year, they announced the creation of a £10 billion asset and liability management partnership.
He has experience across pensions and finance. He has advised pension funds in the UK and Europe, including a Scandinavian local government pension scheme.
Susan Martin, CEO of LPFA, commented: “This appointment emphasises our commitment to strong governance and working directly with our members and employers.”
Both funds are establishing separate local pension boards, which will be separately chaired by Bourne.
Bourne’s appointment is the next step in the collaboration between the two funds. Last year, they announced the creation of a £10 billion asset and liability management partnership.
He has experience across pensions and finance. He has advised pension funds in the UK and Europe, including a Scandinavian local government pension scheme.
Susan Martin, CEO of LPFA, commented: “This appointment emphasises our commitment to strong governance and working directly with our members and employers.”
NO FEE, NO RISK
100% ON RETURNS If you invest in only one asset servicing news source this year, make sure it is your free subscription to Asset Servicing Times
100% ON RETURNS If you invest in only one asset servicing news source this year, make sure it is your free subscription to Asset Servicing Times