Lothian Pension Fund

We administer the Local Government Pension Scheme in Edinburgh and the Lothians, managing 84,000 members and 90 employers.
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http://www.lpf.org.uk

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Lothian Pension Fund administers the Local Government Pension Scheme in Edinburgh and the Lothians. A multi-employer scheme with over £8 billion assets, it manages 84,000 members and 90 employers and is the second largest LGPS fund in Scotland.

LPF's investment team holds FCA authorisation and manages more than 85% of assets in-house via internal equity and bond portfolios and infrastructure investment. In March 2017, LPF became the first UK local government pension fund awarded accreditation for the Pensions Administration Standards Association and it has consistently held the Customer Service Excellence award.

Employees are encouraged to think creatively as part of what CEO Doug Heron calls an “inclusive and agile workforce that is member-focused and is flexible and responsive to new ways of working”, with a greater focus on digital efficiency. LPF is committed to hiring more diverse talent for roles at all levels, attracting candidates from more diverse pipelines, leveraging technology wherever possible to prevent bias and driving development efforts to increase representation in leadership.

The mid-size organisation supported the Scottish launch of a nationwide initiative focused on increasing diversity and inclusion in the asset management, professional services and financial services industries.

It also helped launch the Scotland chapter of the Diversity Project, which aims to accelerate progress toward a more inclusive culture in the investment and savings sectors across all demographics, including gender, ethnicity, sexual orientation, age and disability.

Featured Workplace Factors

Personal Growth

86% of staff agreed

This job is good for my own personal growth

There is a simple ethos for training and development. LPF supports 100% any training that is required for people to do the work; any training that helps a colleague do their job even better; and any training that helps a colleague develop into a future role.

My Team

86% of staff agreed

My team is fun to work with

Technologies such as Zoom and Teams have been embraced by staff, who use them for collaboration, interaction and socialising. An informal chat lounge is very popular for sharing photos and memes, while team quizzes ensure people can stay in contact. The Christmas market was a virtual treat.

Fair Deal

83% of staff agreed

I feel I receive fair pay for the responsibilities I have in my job

LPF increased the frequency of its recognition scheme from annual to quarterly. Staff can nominate someone who has gone the extra mile by helping a member or colleague or by thinking outside the box. Winners receive a Social Stories Club hamper, a branded pen and a certificate.

Quick Facts

Organisation established in
2015
Total number of employees
1
Number of UK locations
40
Employee average age
44% : 56%
Male : Female employee ratio
45%
Employees earning £35k+
9%
Employee turnover (voluntary)

Benefits

Holidays

Companies offering a minimum of 26 days annual leave to all employees.

Long Service

Companies where at least 40% of the staff have worked there for more than five years.

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Quote from the top...
"We are really pleased with our results and it shows we are continuing to build an inclusive culture and an engaged set of colleagues. #greatplacetowork"

Helen Honeyman, Head of People & Communications - Lothian Pension Fund

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