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News and latest announcements

Here's where you can find out what's happening within our organisation and throughout the LGPS sector.

Pensions Increase 2024 27/03/2024
pensions increase - piggy bank


The Local Government Pension Scheme (LGPS) is designed to protect its members’ pensions from inflation. Each year in April, the LGPS is adjusted based on the cost of living to ensure that the value of the pensions does not decrease over time.

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Our offices are closed over the Easter Bank Holidays. 27/03/2024
easter closure

Please note that our office will be closed over the Easter bank holiday period from 4:30pm Thursday 28th March and re-opening Tuesday 2nd April 2024.

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SYPA creates farmland joint venture with Royal London through Project Chip 27/03/2024
project chip

SYPA has announced the completion in late January of Project Chip the creation of new farmland Joint Venture with Royal London. The deal which is one of the largest ever agricultural land transactions in the UK involves the transfer of around 21,000 acres of farmland in Cambridgeshire, Lincolnshire, Norfolk and Wiltshire together with associated buildings and a farming business to a new investment vehicle, the RL Natural Capital Fund, in which SYPA continues to hold around 46%.

The £260m deal which has been in negotiation for several years sees SYPA give up direct control of a portfolio which since 1976 it had built into one of the largest single ownership agricultural holdings in the country.

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South Yorkshire Pension Fund provides £46m loan to fund student accommodation in Sheffield 15/03/2024
Hollis Croft Building

South Yorkshire Pension Authority (SYPA), advised by CBRE Capital Advisors, has provided a loan of £46 million to property developer Bricks Group to fund the development of a 494-bed Purpose Built Student Accommodation (PBSA) scheme in Sheffield. 

The loan will support the development of the site, positioned across two parcels of land, totaling 35,520 sq ft, and bisected by Hollis Croft. Situated within a mile of the city centre, the site offers excellent connectivity to both the University of Sheffield and Sheffield Hallam University, which have a combined student population of around 60,000. 
 

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Pay your pension some attention in 2024 and come along to one of our pension sessions 15/01/2024
Shell BP logo

Reflecting on the success of our pension sessions in 2023, where we had the pleasure of hosting nearly 1,500 members, we're thrilled to unveil an even more exciting calendar of events for 2024. In case you missed out last year, this is your chance to join one of our new sessions and learn more about your pension with us.

Seamless Hybrid Sessions at Oakwell House
Led by our knowledgeable Customer Services Team at our Oakwell House office in Barnsley, our hybrid sessions provide the flexibility you need. Join us in person or seamlessly connect online through our live stream on Vimeo – the choice is yours.


Streamlined Booking for Your Convenience
Say farewell to the hassles of traditional booking methods! Our revamped booking process introduces an intuitive online form opens in new window Whether you prefer attending sessions at Oakwell House or joining us virtually, booking your spot has never been easier.
If you do need to speak to our Customer Services Team or cancel your place, you can still call us on 0300 303 6160 or email customerservices@sypa.org.uk.

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