Case Study

GMPF benefited from Aquila Heywood’s expertise in large-scale administration data transfers

GMPF benefited from Aquila Heywood’s expertise in large-scale administration data transfers

Pages 2 Pages

First Group’s Local Government Pension Scheme (LGPS) liabilities in England and Wales were administered partly by West Y orkshire Pension Fund, partly by South Y orkshire Pensions Authority and partly by Greater Manchester Pension Fund (GMPF). In order to simplify administration and improve the strategic management of their LGPS obligations, First Group decided to consolidate all their LGPS assets and liabilities into one fund. GMPF was chosen due to its experience of managing large-scale data transfers and bespoke investment strategies. The project Aquila Heywood worked closely with all three funds in order to transfer pension records successfully to GMPF . There were several challenges with this project: • Data was stored on different administration systems. • Pensioners were pa

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