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CEO announces departure from Lothian Pension Fund

Clare Scott has announced she will step down from her role as chief executive of Lothian Pension Fund at the end of the year.

In a LinkedIn posting, Scott said that it was “time for me to move to pastures new”, but added she did not know what her next role would be.

A statement from the fund said that it had begun the search for a replacement.

“A strong in-house investment capability with FCA authorisation, a highly-regarded pensions administration team with PASA accreditation and collaboration activities with other LGPS funds mean that the fund has an attractive platform from which a new CEO can address future challenges,” said Lothian.

Until recently, the FRC had little involvement in local government affairs. But with investigations into council officers becoming more frequent, where is the political accountability?

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