By IPE Staff2021-01-28T15:16:00+00:00 Michael O’Higgins will be stepping down from his role as chair of the Local Pensions Partnership (LPP) in the summer, LPP announced today. A former pensions regulator chair, O’Higgins has been chair of the local government pension scheme asset pool since its formation in 2015. Assets under management have doubled since then, standing at £19.7bn at the end of November 2020. O’Higgins’ decision to leave LPP comes as the pension provider has completed a transition into a new five-year plan, including a restructuring of LPP Group. O’Higgins said that with dedicated subsidiaries now fully operational, “I feel it is time for me to move on”.