On 1 April the Cambridgeshire and Northamptonshire Pension Funds formally became shareholders in the Border to Coast Pensions Partnership (BCPP).
The announcement forms part of a major expansion of Border to Coast to 18 partner funds. This makes BCPP the largest pensions asset owner in the UK. BCCP now manages nearly £120bn in collective assets, serving around two million members across more than 5,000 employers.
This milestone marks the formal confirmation of the Funds’ intention first announced in late 2025, when Cambridgeshire and Northamptonshire entered exclusive discussions with Border to Coast alongside the pension funds of Essex, Hertfordshire, Kent, East Sussex and West Sussex.
The move followed government requirements which mandate that LGPS Funds join FCA‑regulated investment pools — a condition the funds’ former asset pool ACCESS was not approved to meet.
A Stronger, Larger Pool for the Future
Border to Coast Chair John Lister celebrated the expansion, highlighting the significance of the seven new partner funds — including Cambridgeshire and Northamptonshire:
“Today marks the formal expansion and strengthening of our partnership… bringing collective assets to nearly £120bn. As the largest pensions asset owner in the UK, we now have a unique opportunity to deepen our investment capabilities and strengthen our collective voice.”
[bordertocoast.org.uk]
For Cambridgeshire and Northamptonshire, joining Border to Coast signals a major step forward in securing long‑term value and efficient investment operations for their members and employers.
Previously, Councillor Geoffrey Seeff of the Cambridgeshire Pension Fund said:
“The transition to Border to Coast supports strong, ethical financial management and offers long‑term opportunities for risk sharing and cost savings.”
Councillor John Slope, representing Northamptonshire, added:
“After a thorough evaluation, we are confident that Border to Coast offers the right platform for delivering long‑term value, transparency, and strategic alignment.”
