Lloyd's Superannuation Fund Pension Management Ltd

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.