West Yorkshire Pension Fund

What West Yorkshire Pension Fund does

West Yorkshire Pension Fund (WYPF) is a UK public sector pension scheme administrator established in 1972 under the Superannuation Act 1972 and administered by Bradford Metropolitan Borough Council from its headquarters in Bradford. It administers the Local Government Pension Scheme (LGPS) and the Firefighters' Pension Scheme (FPS) on a shared service basis, covering West Yorkshire, Lincolnshire, the London Borough of Hounslow (£1.3bn in net assets as of March 2024), the London Borough of Barnet (£1.6bn in net assets as of March 2024), and England's largest group of fire authorities. WYPF serves over 300 public sector employers across these regions, providing pension administration to local government employees, firefighters, councillors, and academy staff.

The fund's core product set comprises the member-facing "My Pension" online portal (powered by the Civica platform), the LGPS Employer Portal, and the MP3 Monthly Postings Portal for employer contribution submissions. Additional services include Employer Pension Fund Representative (EPFR) support teams, educational video content, webinars, and a connection to the government Pensions Dashboards ecosystem via MoneyHelper. WYPF holds ISO 9001 quality management certification and operates across digital self-service channels and dedicated employer helplines. Its investment portfolio includes allocations such as the September 2024 investment in Rebalance Earth, a nature-focused infrastructure fund managed by Natural Capital targeting over £10bn in UK nature restoration over the next decade.

WYPF does not generate revenue in the commercial sense. As a defined benefit public sector scheme, it is funded by employer and employee contributions, with assets held in trust for members and overseen by pension boards comprising member and employer representatives. The shared service model is the central commercial mechanic, allowing WYPF to deliver administration at scale across multiple partner funds, thereby achieving operational efficiencies that single-fund administrators cannot match.

Name

West Yorkshire Pension Fund

Legal name

West Yorkshire Pension Fund

Website

https://wypf.org.uk

Company type

Private

Founded year

1972

Operating status

Operating

Headcount range

51–100 employees

Short description

West Yorkshire Pension Fund administers the LGPS and FPS pension schemes on a shared-service basis for over 300 public sector employers across West Yorkshire, Lincolnshire, Hounslow, Barnet, and England's largest group of fire authorities.

Ownership category

akta.pro rank

Product category

Public Pension Administration

NAICS

Pension Funds (52511), Pension Funds (525110), Pharmacy Benefit Management and Other Third Party Administration of Insurance and Pension Funds (524292)

SIC

Finance Services (6199)

akta.pro primary industry

Corporate & Public Pension Funds (DB/DC Sponsors) (FSAAAGAA)

akta.pro secondary industries

Taft-Hartley / Labor Union & Public Sector Retirement Systems (FSAAAGAK), Pensions & Retirement Benefits Administration (BPAIAKAA), Government & Public Sector Disbursements (Tax Refunds, Benefits) (FSAMAKAJ)

Keywords

• Public pension administration
• Local government pension
• Firefighters pension scheme
• Defined benefit pensions
• Shared service pensions

Headquarters

HQ city

Bradford

HQ country

United Kingdom

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Infrastructure, Others

Distribution channels2 records

Marketing channels6 records

Core offering

West Yorkshire Pension Fund (WYPF) administers the Local Government Pension Scheme (LGPS) and the Firefighters' Pension Scheme (FPS) on behalf of public sector employers across West Yorkshire, Lincolnshire, the London Borough of Hounslow, and the London Borough of Barnet. Through a shared service model, WYPF processes pension contributions, manages member records, pays retirement and death benefits, and supports 300+ public sector employers and tens of thousands of scheme members. Members and employers access administration through dedicated digital portals (My Pension, Employer Portal, MP3 Monthly Postings Portal) backed by the Civica platform.

Product overview

West Yorkshire Pension Fund (WYPF) operates as a shared service administering pension schemes for multiple local authorities and fire services. The core offering comprises the LGPS (Local Government Pension Scheme) covering West Yorkshire, Lincolnshire, Hounslow, and Barnet, and the FPS (Firefighters' Pension Scheme) for fire authorities across England. Members access their pensions through the My Pension online portal (powered by Civica), while employers use the LGPS Employer Portal for administration and monthly contributions. Additional services include Pension Dashboards connection, educational videos, webinars, and dedicated EPFR support teams. WYPF serves over 300 public sector employers through a shared service model.

Differentiator

Problem solved

Functional benefit

Products and services

• LGPS (Local Government Pension Scheme) Administration A defined benefit, tax-approved occupational pension scheme administered by WYPF for employees of local government and other public sector employers across West Yorkshire, Lincolnshire, the London Borough of Hounslow, and the London Borough of Barnet. Benefits are guaranteed by LGPS regulations and include retirement pensions from age 55, life cover, spouse/partner pensions, and cost-of-living increases.
• FPS (Firefighters' Pension Scheme) Administration Pension scheme for firefighters and fire service personnel administered by WYPF on behalf of fire and rescue authorities across England. Covers FPS 1992, FPS 2006, and FPS 2015 regulations, including injury pensions and fire service retirement benefits.
• My Pension Member Portal Online portal for LGPS and FPS members to view and update their pension accounts, access scheme documents, and manage personal details. Powered by the Civica platform.
• LGPS Employer Portal Online portal for participating employers to manage pension administration tasks including member data maintenance, monthly contribution submissions via the MP3 portal, leaver and retirement processing, and statutory reporting.
• Pension Dashboards Connection Connection to the government Pensions Dashboards ecosystem via MoneyHelper, allowing WYPF scheme members to view all their pension information in one secure online place through the government dashboard.
• Employer Pension Fund Representative (EPFR) Services Dedicated Employer Pension Fund Representatives (EPFRs) provide pension administration guidance, ongoing contact management, and compliance assistance to LGPS and FPS participating employers across the shared service area.
• Shared Service Pension Administration Pension administration shared service provided to Lincolnshire Pension Fund, London Borough of Hounslow Pension Fund (£1.3bn assets), and London Borough of Barnet Pension Fund (£1.6bn assets), delivering economies of scale through consolidated administration.

Quantifiable outcome

• LGPS contribution rates are between 5.5% and 12.5% of pensionable pay
• +1 more outcomes

Segments4 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration1 record

Feature3 records

Partnerships

Four partnerships are on record, tiered core.

• Lincolnshire Pension FundcoreOthersLincolnshire Pension Fund is administered through WYPF's shared service model. WYPF provides administration services on behalf of Lincolnshire Pension Fund.
• London Borough of Hounslow Pension FundcoreOthersLondon Borough of Hounslow Pension Fund is administered through WYPF's shared service model. The fund had assets of £1.3 billion as of March 2024.
• London Borough of Barnet Pension FundcoreOthersLondon Borough of Barnet Pension Fund is administered through WYPF's shared service model. The fund had assets of £1.6 billion as of March 2024.
• Fire Authorities and ServicescoreOthersEngland's biggest group of fire authorities are administered through WYPF's shared service, covering multiple Firefighters' Pension Schemes including FPS 1992, FPS 2006, and FPS 2015.

Scale indicators5 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Greater Manchester Pension Fund: One of the largest LGPS funds in England, providing defined benefit pension administration for Greater Manchester local authorities and partner employers under the same statutory LGPS framework as WYPF.
• Merseyside Pension Fund: Large English LGPS administering pensions for Merseyside councils, fire authorities, and other public sector employers under the same statutory scheme as WYPF, with shared shared-service administration capabilities.
• Local Pensions Partnership (LPP): Multi-fund LGPS shared service partnership administering pension schemes for several London and other local authority funds, directly comparable to WYPF's shared-service model across multiple LGPS funds.
• Environment Agency Pension Fund: Public-sector DB pension fund covering Environment Agency and other related bodies under the LGPS framework, providing pension administration and investment management comparable to WYPF.
• Strathclyde Pension Fund: Scotland's largest LGPS-style fund administering pensions for local authorities and public sector employers, broadly comparable in scale, governance, and scheme administration to WYPF (with Scottish scheme variations).
• Border to Coast Pensions Partnership: Pooled LGPS asset-pooling partnership serving multiple English LGPS funds for investment management, a key institutional counterparty and potential partner/competitor to WYPF's administration franchise.

Others

• Civica UK Limited: Provider of the pension administration software platform that powers WYPF's My Pension member portal; a key technology vendor and ecosystem participant enabling WYPF's digital infrastructure.

Regional players

• Northern LGPS (Northumberland, Tyne and Wear): Regional LGPS administering pension schemes for councils and public bodies in the north-east of England, comparable in function to WYPF but serving a different geographic catchment area.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/wypf_lgps
• Facebookfacebook.com/westyorkshirepensionfund
• LinkedInlinkedin.com/company/west-yorkshire-pension-fund

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments2 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about West Yorkshire Pension Fund