We have an appropriate and tailored governance framework with a strong stakeholder focus in place which ensures compliance with FCA regulation, helping to safeguard client assets and objectives, and seeks to promote achievement of LPP’s strategy. LPP has agreed to follow the Wates Principles.

The LPP Board is responsible to its shareholders for the overall direction, supervision and management of LPP and its subsidiaries (the Group) to ensure the Group’s success. The LPP Board determines the Group’s strategic direction and objectives, its viability and governance structure. It operates in accordance with its Articles of Association, Terms of Reference and powers reserved for the Board as laid down by the Shareholders Agreement, along with its obligations under the Companies Act, FCA regulations and other public law obligations.

We are committed to the highest standard of corporate governance. The day-to-day management of the Group and the implementation of the strategic plans are delegated to the Chief Executive along with the Executive Directors across the Group.

The LPP Board acts as a representative body for shareholders. Two main subsidiaries – LPP Investments Ltd and LPP Administration Ltd drive the investment and pension administration businesses and report quarterly to the LPP Board.

The Group recognises the importance of engaging with its wider stakeholders. This includes:

• Regular client meetings
• Attendance at local pension boards
• Attendance at boards and pension committees.

LPPI also runs an annual investment conference which provides the opportunity to bring its clients together in a structured learning environment, as well as connecting them with senior members of LPPI’s investment team and some of LPPI’s most trusted and valued specialist partners.

Additional LPPI Committee information

Our Governance Charter