The Lothian Pension Fund serves local government employees in Edinburgh and Lothian, Scotland. With over 170 associated employers, it has a total scheme membership of over 65,000. It sits within the City of Edinburgh Council which acts as administering authority.
Lothian Pension Fund Head of Pensions and Investments Geik Drever said Northern Trust has an excellent reputation for servicing LGPS and this, in addition to their integrated investment accounting platform and expertise in supporting in-house managed pension schemes made them a natural choice for Lothian.
Northern Trust said that the latest mandate from Lothian Pension Fund increases its share of the Scottish LGPS market to more than 60% and becomes the preferred provider to seven schemes in the country.
Northern Trust is a provider of investment management, asset and fund administration, banking solutions and fiduciary services for corporations, institutions and affluent individuals worldwide.
