# Audit Commission Pension Scheme

Audit Commission Pension Scheme is a Pension Fund based in London, United Kingdom.

## Overview

- **Organization type:** Pension Fund
- **Headquarters:** London, United Kingdom
- **Region:** Europe
- **Address:** London, United Kingdom
- **Founded:** 1983
- **Assets under management:** Undisclosed
- **Website:** www.audit-commission.gov.uk
- **LinkedIn:** https://uk.linkedin.com/company/audit-commission

## Regulatory record

- **Reports private funds:** No

## About

The Audit Commission Pension Scheme was established in 1983 to deliver pensions and lump sums to former employees of the Audit Commission. The scheme closed to new entrants and active members when the Commission itself was wound up in 2015. The portfolio holds positions in UK real estate and natural capital. Confirmed holdings include M&G Secured Property Income Fund, Waypoint Essential Stores and CBRE UK Property Portfolio. All assets sit inside the United Kingdom. The scheme participates in the Public Sector Transfer Club, which facilitates benefit transfers among member public-sector plans. Andrew Harrison serves as chair. Paul Punter acts as member-nominated trustee director. Law Debenture Pension Trust Corporation supplies the independent trustee function. No additional offices or headcount figures are disclosed. The Crown guarantee from the Department for Levelling Up, Housing and Communities constitutes the primary structural feature, transferring ultimate liability to the UK government rather than relying on sponsor covenant alone.

## People

- Andrew Harrison — Chair of the Board of ACPS Trustee Limited
- Paul Punter — Member-Nominated Trustee Director

## Questions

### Who runs investment decisions at the Audit Commission Pension Scheme?

Andrew Harrison chairs the board of ACPS Trustee Limited. Law Debenture Pension Trust Corporation supplies independent trustee services with Anna Eagles and Harrison as directors.

### What is the relationship between the scheme and the UK government?

The Department for Levelling Up, Housing and Communities acts as guarantor under a Crown guarantee for the scheme's liabilities.

### Does the scheme invest directly or through funds?

The scheme holds units in external UK property and forestry funds including Standard Life, M&G, Waypoint, CBRE and True North vehicles.

### Where does the scheme maintain its investments?

All disclosed holdings are located in the United Kingdom.

### What membership network does the scheme belong to?

The scheme participates in the Public Sector Transfer Club, allowing easier pension transfers with other public-sector schemes.

## Related profiles

- [Audient Capital](https://altss.com/profile/audient-capital)
- [Audrey's Kitchen](https://altss.com/profile/audrey-s-kitchen)

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Last updated: 2026-06-03T20:00:00.000Z

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