Award of Pension Fund Depositary and Custody Services to Local Pensions Partnership
Awarded 31 Mar 2016
About
Lancashire County Council awarded a contract to Local Pensions Partnership for depositary and custody services, registrar and transfer agency services, and administration services for the pool of assets forming the Authorised Contractual Scheme (ACS), in partnership with London Pensions Fund Authority.
The supplier will act as Depositary, Custodian (including safekeeping of assets, trade settlement, tax collection, corporate actions, proxy voting), Fund Administrator, Fund Accountant, and Transfer Agent, with the Depositary overseeing services provided in relation to the ACS.
The contract value is £40,000,000.
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