IDENTITY STATEMENT
Reference code(s): GB 0074 CLC/B/001
Held at: London Metropolitan Archives
Title: LLOYD'S SUPERANNUATION FUND PENSIONS MANAGEMENT LIMITED
Date(s): 1929-2006
Level of description: Collection
Extent: 14.65 linear metres.
Name of creator(s): Lloyd's Superannuation Fund Pension Management Ltd
CONTEXT
Administrative/Biographical history:
Established in 1929 as the Lloyd's Clerks' Superannuation Fund, Lloyd's Superannuation Fund, the corporate trustee of which is LSF Pensions Management Limited, was set up for the members, or underwriters at Lloyd's who wished to establish under irrevocable trusts in connection with their said business a fund for the purpose of providing pensions for male Clerks employed in the business on retirement.
The first meeting of the Provisional Committee of Management which established Lloyd's Clerks Superannuation Fund, was held in the Committee Room at Lloyd's of London, Lime Street, City of London on 15th May 1929. The first trustees of the Fund were selected by the Committee of Lloyd's, and the Fund officially commenced on 1st October 1929, with the aim of admitting new members to the Fund on a quarterly basis. R Watsons and Sons were appointed as the first actuaries to the Fund, with Messrs Gerard van de Linde and Sons the Fund's first auditors.
Although only at first open to male Clerks, the Trust Deed and Rules were amended to admit female Clerks from 1st December 1969, in advance of government changes to the rules of private pension schemes in 1972.
The Fund continues to provide pensions services to Lloyd's underwriters, and to work closely with its members as part of the Lloyd's group.
CONTENT
Scope and content/abstract:
Records of Lloyd's Superannuation Fund Pension Management Limited. The collection consists of records which demonstrate the administrative running of the Fund. These include minutes of all main committees, papers of the Pension Manager, annual reports and accounts, member ledgers, individual scheme reports, actuarial valuations of the Fund and schemes, and Fund publicity material.
ACCESS AND USE
Language/scripts of material: English
System of arrangement:
CLC/B/001/01: Trustees and Committees;
CLC/B/001/02: Pension Manager;
CLC/B/001/03: Member Finance;
CLC/B/001/04: Member Schemes;
CLC/B/001/05: Publicity.
Conditions governing access:
These records are available for public inspection, although records containing personal information are subject to access restrictions under the UK Data Protection Act, 1998.
Conditions governing reproduction:
Copyright to this collection rests with the depositor.
Finding aids:
Please see online catalogues at: http://search.lma.gov.uk/opac_lma/index.htm
ARCHIVAL INFORMATION
Archival history:
Immediate source of acquisition:
Records deposited by the Pensions Archive Trust in 2008.
ALLIED MATERIALS
Related material:
See also CLC/B/148: Lloyd's of London.
DESCRIPTION NOTES
Date(s) of descriptions: November 2010 to January 2011.