The EAPF is a fund of the Local Government Pension Scheme (LGPS). Earlier this year we responded to a consultation concerning the Government’s proposed changes to the way LGPS fund assets are managed.
In our response, we explained that we support the Government’s need for LGPS assets to better support growth and green growth in particular but that we did not wish to compromise on our responsible investment approach.
Read the EAPF response to the Consultation.
EAPF is currently a shareholder and client in Brunel Pension Partnership pool which manages £3.3 billion of EAPF’s assets (as at end of June 25). This is 69% of the EAPF’s total assets.
The 8 LGPS pools were asked by Government to submit business plans outlining how they will meet the new pooling requirements. Brunel’s business plan was rejected, and Government has asked the underlying Funds, including the EAPF to choose a new pool and transfer all of their assets by 1 April 2026.
The EAPF has taken a decision in principle to join the Local Pensions Partnership Investment (LPPI).
Between now and the end of March 2026, we will work closely with the LPPI on the detailed arrangements for how they will manage our investments and those of 8 other LGPS Funds. Key to our final decision in March will be LPPI’s ability to implement our Responsible Investment Strategy in full, as well as offer good value for money.
We wish to reassure members that there are no impacts on your pension benefits and that we’ll continue to focus on Green Growth.
Last updated 14 October 2025