William Eichler 12 February 2020

Barnet Council to appoint new pension fund

Barnet Council to appoint new pension fund image

Barnet Council’s policy and resources committee are set to approve the appointment of the West Yorkshire Pension Fund (WYPF) to administer its local government pension scheme.

The decision to appoint WYPF will be put to the vote by councillors at the committee, and is expected to be enacted by full council on 3 March.

If passed, WYPF would take over from Capita, which has managed the council’s pension scheme as part of its strategic partnership with the council since 2013.

‘We aim to provide the very best service for the many dedicated employees who serve the people of Barnet,’ said Cllr Dan Thomas, leader of Barnet Council.

‘The scheme is in a stronger place now following recent improvements to the service. We want to build on this and have appointed WYPF because of their particular expertise in running local government pension schemes.

‘We thank Capita for their service and will be working with them to ensure the smooth and seamless transfer of our employee pension scheme to WYPF.’

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