Ex-TPR chairman to lead Lancashire and LPFA's joint venture

Stephanie Baxter
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Michael O'Higgins has been appointed chairman of the £10bn asset and liability management (ALM) partnership between Lancashire County Pension Fund (LCPF) and London Pensions Fund Authority (LPFA).

The former chairman of The Pensions Regulator (TPR) will oversee the ambitious venture that pools the two schemes' assets with the aim of saving at least £32m in costs and boosting performance. ...

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