Lothian and Falkirk Council Pension Funds shelve merger plans
The Lothian Pension Fund (LPF) and the Falkirk Council Pension Fund (FCPF) have announced they will not be moving forward with their proposed merger.
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The Lothian Pension Fund (LPF) and the Falkirk Council Pension Fund (FCPF) have announced they will not be moving forward with their proposed merger.
Falkirk Council is facing the fourth largest percentage budget gap of all Scottish local authorities this year.
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The second and sixth largest Local Government Pension Scheme funds in Scotland have announced plans to merge. Lothian Pension Fund and Falkirk Council
The Lothian Pension Fund (LPF) and Falkirk Council Pension Fund (FCPF) are in the final stages of exploring the potential to merge their operations in a bid to benefit both scheme members and employers.