The London Borough of Southwark is the Administering Authority for The London Borough of Southwark Pension Fund (the Fund).
It has delegated responsibility for managing the Fund to the chief finance officer (the Strategic Director of Finance and Governance), who will receive advice from the Pensions Advisory Panel (the Panel).
The chief finance officer’s powers include:
- reviewing investment managers’ fund choices at least once every three months; and
- administering the Fund in line with its rules and pension law.
Elected Panel members
- Councillor Stephanie Cryan – Chair
- Councillor Emily Hickson
- Councillor Rachel Bentley
Other Panel members
As well as the elected members, the Panel has three council officers, two external advisers, and three representatives appointed by Fund members’ trade unions. The elected members (councillors) and two of the officers have voting rights on the Panel. Three voting members of the Panel (at least one must be a council officer) are needed, as well as least one independent adviser, for a valid meeting to take place.
You can read the agendas and minutes from the Panel’s meetings in the Pensions Advisory Panel reports section in the Documents library.
Under current pension law, the role of the Pension Board is to assist Southwark Council as Scheme Manager of the London Borough of Southwark Pension Fund (the Fund):
- To comply with the Local Government Pension Scheme (LGPS) Regulations and any other laws relating to the governance and administration of the Scheme, and any requirements relating to the LGPS set by The Pensions Regulator; and
- To ensure the effective and efficient governance and administration of the London Borough of Southwark Pension Fund.
The Pension Board oversees these matters and, accordingly, does not make decisions about the management of the Fund.
You can read more about the Local Pension Board of Southwark Council here.
Local Pension Board duties
- Supports the Council in managing the Fund;
- Makes sure that the Council complies with LGPS rules and pension law;
- Represents all members and employers jointly and equally; and
- Meets quarterly.
Members of the Southwark LPB are:
- Mike Ellsmore – (Independent Chair)
- Dominic Cain – (Vice Chair) – employer representative
- Allan Wells – employer representative
- Mike Antoniou – schools employer representative
- Tony O’Brien – retired employee representative
- Diana Lupulesc – employee representative
- Stuart Mumford – employee representative
You can read the agendas and minutes from the LPB’s meetings in the Local Pension Board reports section in the Documents library.
All employers must have a discretionary policy. If we have a copy, we’ve linked to it below. If not, you need to contact your employer directly to get a copy of the policy.
If you’re employed by a school within Southwark that hasn’t converted to academy status (or is a free school) you need to refer to the London Borough of Southwark policy.
The employers are:
- AIP (Cherry Gardens)
- AIP (Ivydale)
- Ark All Saints Academy
- Bacons College
- Belham Primary School
- Brandon Trust
- Browning Tenant Management
- Centre for Literacy in Primary Education (CLPE)
- Charles Dickens Academy
- Chequers Contract Services Ltd
- Compass Free School
- D Brice & Co Ltd
- Dulwich Hamlet Academy
- Everyone Active/Sports Leisure
- Galleywall Primary School
- Globe Academy
- Goose Green Academy
- Harris Academy Bermondsey
- Harris Academy Peckham
- Harris Boys East Dulwich
- Harris Free School
- Harris Girls East Dulwich
- Harris Primary Academy East Dulwich
- Harris Primary Peckham
- Interserve
- John Donne Academy
- John Keats Free School
- Judith Kerr Primary School
- Kingsdale Foundation Academy
- Leather Market AdBod
- London Borough of Southwark
- Charles Dickens Primary School
- Newlands Academy
- Pabulum
- PFI VEOLIA ES
- Principals Catering
- Redriff Primary (Academy)
- South London Gallery
- Southwark Diocesan
- Southwark Law Centre
- Spa School Bermondsey
- Spa School Camberwell
- St Paul's Church of England Primary
- The Angel Oak Academy
- The Charter School
- University Academy of Engineering South Bank
- Walworth Academy