The Lloyd's Superannuation Fund was set up in 1929 to provide a pension for male clerks in the employment of members, subscribers or associates at Lloyd's. Membership was later extended to cover females and also those other than clerks. In the 1970s, a number of notionally segregated defined benefit schemes were established under the umbrella of the Fund.
In the late 1990s, defined contribution schemes were established. As pension provision has changed over the last 20 years or so, the number of participating employers has reduced. Find out more on our History and Trustee pages. You may have benefits in the Fund if you contributed to a pension while working for another employer.
In the late 1990s, defined contribution schemes were established. As pension provision has changed over the last 20 years or so, the number of participating employers has reduced. Find out more on our History and Trustee pages. You may have benefits in the Fund if you contributed to a pension while working for another employer.
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The objective of the Fund at that time was to provide pensions for its members at age 65, and it was open to male clerks in the employment of members, subscribers or associates at Lloyd's. Membership was later extended to cover females and also those other than clerks.
The original basis of pension provision was akin to deferred annuity policies and this continued as the main provision until the early 1970s, when a number of notionally separate benefit schemes were established under the umbrella of the Fund, with pension provision being on a defined benefit basis.More recently, in the late 1990s, defined contribution schemes were established.
The original basis of pension provision was akin to deferred annuity policies and this continued as the main provision until the early 1970s, when a number of notionally separate benefit schemes were established under the umbrella of the Fund, with pension provision being on a defined benefit basis.More recently, in the late 1990s, defined contribution schemes were established.
Read the annual member newsletter, which includes the Fund's most recent Summary Funding Statement. The LSF is an occupational pension scheme for companies associated with the Lloyd's of London insurance market. Benefits may be drawn at any time between the Minimum Pension Age (currently 55) and Maximum Pension Age 75.
Read the annual member newsletter, which includes the Fund's most recent Summary Funding Statement. However, some employers in the LSF allowed for increases that are in excess of statutory requirements. If you require specific details about your own pension, please contact a member of the administration team.
Pension Briefing is our annual member newsletter, containing a summary of the LSF's accounts and funding position, as well as the latest pension news. Below are listed some of the Trustee's formal documents that set out how the LSF is run, how its assets are invested and how we monitor its funding level.
Pension scams can be hard to spot. Scammers can be articulate and financially knowledgeable, with credible websites, testimonials and materials that are hard to distinguish from the real thing. Scammers usually contact people out of the blue via phone, email or text, or even advertise online. Scammers design attractive offers to persuade you to transfer your pension pot to them (or to release funds from it).
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