# Lloyds Banking Group Pensions

Lloyds Banking Group Pensions is a Pension Fund based in Sunderland, United Kingdom.

## Overview

- **Organization type:** Pension Fund
- **Headquarters:** Sunderland, United Kingdom
- **Region:** Europe
- **Address:** Lloyds Pension Administration, SR43 4JU, United Kingdom
- **Founded:** 2015
- **Assets under management:** 32132 (Altss estimate)
- **Website:** lloydsbankinggrouppensions.com
- **LinkedIn:** https://www.linkedin.com/company/lloyds-banking-group-pensions-trustees-limited

## Regulatory record

- **Reports private funds:** No

## About

Lloyds Banking Group Pension Schemes is a UK-based private sector pension fund. It operates defined benefit pension schemes for its employees. The schemes include Lloyds Banking Group Pension Schemes Nos 1 and 2.

## Sectors

- Private Equity
- Real Estate
- Infrastructure

## People

- Vicky Paramour — Chair of the Investment and Funding Committee
- Sally Bridgeland — Trustee Director

## Questions

### Who runs investment decisions at Lloyds Banking Group Pensions?

Vicky Paramour chairs the Investment and Funding Committee. The trustee board includes independent directors such as Sally Bridgeland and operates under Lloyds Banking Group Pensions Trustees Limited.

### Does Lloyds Banking Group Pensions participate in fund commitments or only direct deals?

The schemes commit to private equity and infrastructure funds including Bowmark Capital, Hg, EQT, Equitix and Dalmore Capital. Direct holdings exist in UK real estate through dedicated subsidiaries.

### How does Lloyds Banking Group Pensions manage longevity risk?

The schemes maintain extensive longevity hedging and swap portfolios covering over 25 billion GBP in liabilities. Rothesay Life and Prudential Financial serve as reinsurance partners for these arrangements.

### What is Lloyds Banking Group Pensions known posture on co-investments alongside external GPs?

The schemes act as limited partners in funds sponsored by Bowmark Capital, Hg, EQT and Goldman Sachs Asset Management. No direct co-investment program is disclosed in available records.

## Related profiles

- [Guolian Group](https://altss.com/profile/guolian-group)
- [Quilter Cheviot Investment Management](https://altss.com/profile/quilter-cheviot-investment-management)

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

Canonical page: https://altss.com/profile/lloyds-banking-group-pensions

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