Lothian brings asset management in-house as deficit triples

Stephanie Baxter
clock

The Lothian Pension Fund has announced its deficit almost tripled to £417m over the last three years as the scheme continues to bring more asset management in house.

The results of the fund's triennial valuation reveal its deficit rose from £142m on 31 March 2011 to £417m as of 31 March 2014. The scheme blamed the worsening funding levels on falls in bond yield...

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 Risk Reduction

Clara agrees second small schemes superfund deal with £40m pension fund

Clara agrees second small schemes superfund deal with £40m pension fund

Transaction will see more than 400 members join the Clara Pension Trust

Jonathan Stapleton
clock 02 September 2026 • 2 min read
Rothesay reports 'robust' first half business volumes in 'dynamic' PRT market

Rothesay reports 'robust' first half business volumes in 'dynamic' PRT market

Insurer says it generated new business premiums of £2.8bn in first six months of 2026

Jonathan Stapleton
clock 01 September 2026 • 1 min read
Wood Pension Plan secures £1.65bn buy-in with L&G

Wood Pension Plan secures £1.65bn buy-in with L&G

Transaction secures the benefits of 16,400 scheme members

Holly Roach
clock 01 September 2026 • 2 min read
Trustpilot