Somerset and Dorset join LPPI as pooling deadline looms
Published: September 29, 2025
The Somerset and Dorset Local Government Pension Scheme (LGPS) funds have chosen Local Pensions Partnership Investments (LPPI) as their new pooling partner.
The news comes ahead of the government’s 30 September deadline.
A statement on the Somerset council website read: “The Somerset Pension Fund has selected Local Pensions Partnership Investments as its preferred new host pool. The decision was confirmed following a meeting of its Pension Fund Committee on 12 September 2025.”
Dorset’s pension fund is valued at more than £4bn and serves 80,000 members across 200 employers.
Councillor Andy Todd, vice-chair of the pension fund committee, said: “This is a positive step towards securing the long-term sustainability of the Dorset County Pension Fund.
“LPPI is a well-established, well-regulated investment pool with a strong track record of performance, advice, responsible investment and collaboration, and we are confident that this new partnership will deliver long-term benefits for our scheme members, their employers and the wider community.”
In a statement, Dorset said joining LPPI should enhance investment performance over time, potentially supporting lower employer contributions in the future.
This story first appeared on Pensions Expert. Read the full story here.
Learn more about how this news will impact the wider LGPS pooling community by going to our LGPS Investment Pool changes page.
