LGPS deficits could hit £60bn - UPDATE 2

clock

The Local Government Pension Scheme's deficit could swell to £60bn this year if current trends continue, research from the Liberal Democrats reveals.

The revelation came following a freedom of information request sent by the party to 87 local government funds. Of the 84 that responded "substantively" to the request, 83 reported a 2007 funding...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here

Join now

 

Already a Professional Pensions
member?

Login

More on Defined Benefit

Procentia launches DB actuarial valuation system

Procentia launches DB actuarial valuation system

Provider says Intelli-ACT will improve quality of information available to schemes and actuaries

Martin Richmond
clock 17 February 2026 • 2 min read
Partner Insight: Aon UK Risk Settlement Bulletin - Q1 2026

Partner Insight: Aon UK Risk Settlement Bulletin - Q1 2026

Latest edition of the Aon UK Risk Settlement Bulletin is now available.

Aon
clock 11 February 2026 • 1 min read
Aon reappointed to LGPS framework for actuarial, benefit and governance consultancy services

Aon reappointed to LGPS framework for actuarial, benefit and governance consultancy services

Firm reappointed to lots 1 to 5 of the framework for actuarial, benefits and governance services

Martin Richmond
clock 11 February 2026 • 1 min read
Trustpilot