The Border to Coast partnership set to expand to 18 LGPS funds with over £110bn of assets under management from April 2026.
Border to Coast Pensions Partnership is delighted to confirm that all 18 Partner and Candidate Funds have completed the appropriate governance process to expand the partnership.
The announcement marks the successful completion of governance processes at all of the partnerships’ current and prospective LGPS funds and follows their “signal of intent” in August 2025, and in line with the timeline outlined in the Government’s ‘Fit for the Future’ process.
Rachel Elwell, Border to Coast Chief Executive Officer, said: “Our partnership will be strengthened by the addition of these Funds. In coming together, we can use our scale to be more effective, more resilient, and more impactful. Together we will build on our collective strengths and continue to make a difference for the LGPS.”
The seven funds (Cambridgeshire, East Sussex, Essex, Hertfordshire, Kent, Northamptonshire, and West Sussex) represent 900,000 members employed at 2,500 participating employers with c.£45bn of assets.
The current 11 Partner Funds (Bedfordshire, Cumbria, Durham, East Riding of Yorkshire, Lincolnshire, North Yorkshire, South Yorkshire, Surrey, Teesside, Tyne & Wear & Warwickshire) represent 1.1m members employed at 2,900 participating employers with c.£65bn of assets.
Governance and legal work to formally bring Candidate Funds into the partnership as equal shareholders is set to be completed by 31 March 2026.
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