Cockell to replace Truell as LPFA chairman
Merrick Cockell has been appointed as acting chairman of the London Pensions Fund Authority (LPFA), after Edi Truell stepped down from the role.
Cockell joined the LPFA board in October 2010 and, as its deputy chairman since January 2013, steered the organisation through much of its strategic shift.
The LPFA recently said it would move forward with a £10bn partnership with Lancashire County Pension Fund, which will initially be known as the Lancashire and London Pensions Partnership (LLPP).
Cockell said: "It's an exciting time to be leading LPFA as we are take the unprecedented step of pooling two of the largest pension funds in local government. As joint shareholders with Lancashire in the LLPP we have been working closely together on every facet of its development and we expect this to continue going forward."
In June the LPFA revealed the members of its local pension board
Truell is stepping down from the position of chairman to take up a position advising the London Mayor, Boris Johnson, on pensions.
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