UK - The London Pension Fund Authority has been reappointed to administer the London Borough of Brent Pension Fund's £343m pension scheme.
The estimated total value of the contract is around £2m.
The Brent scheme has around 4700 active, 3900 deferred and 4300 pensioner members and is advised by Hewitt Bacon & Woodrow.
As well as providing a full administration and pensions payroll service for its own fund the LPFA also currently has full service administration contracts with the London Fire and Emergency Planning Authority, Westminster City Council, Bexley Council, Hackney Council and Newham Council.
The LPFA also provides temporary assistance to a number of other London pension schemes – including dealing with backlogs and processing ongoing workloads.
*The £400m London Borough of Hammersmith & Fulham Superannuation Fund has gone out to tender for pensions administration services.
The scheme – with 4500 active, 2800 deferred and 3504 pensioner members – has set a deadline of October 15 for tenders.
It is advised by Hewitt Bacon & Woodrow.
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