LGPS funding position reaches 102%; now fully funded on low-risk basis

Isio’s new index shows the LGPS is now fully funded on a ‘low-risk’ basis

Jasmine Urquhart
clock • 2 min read
The LGPS in England and Wales has improved its funding by £190bn since the last valuation period
Image:

The LGPS in England and Wales has improved its funding by £190bn since the last valuation period

A new Local Government Pension Scheme (LGPS) index from Isio has revealed the LGPS is now fully funded on a low-risk basis. The firm's inaugural LGPS Low-Risk Funding Index for England and Wales...

To continue reading this article...

Join Professional Pensions

  • Unlimited access to real-time news, analysis and opinion from the industry
  • Receive our in-depth monthly magazine in either print or digital format
  • Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
  • Receive important and breaking news stories selected by the Editors in our daily newsletter
  • Hear from industry experts and other forward-thinking leaders
  • Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date

Join now

 

Already a Professional Pensions
member?

Login

Jasmine Urquhart
Author spotlight

Jasmine Urquhart

Senior Correspondent at Professional Pensions

More on Defined Benefit

DB schemes could generate surplus of more than £500bn through run on

DB schemes could generate surplus of more than £500bn through run on

Van Lanschot Kempen says alternative approach to buyout could have benefits

Jonathan Stapleton
clock 11 April 2024 • 2 min read
SPP urges TPR to reduce scheme burden over DB statements of strategy

SPP urges TPR to reduce scheme burden over DB statements of strategy

Society says some areas of TPR’s consultation will be ‘challenging’ and ‘costly’ for schemes

Martin Richmond
clock 11 April 2024 • 3 min read
Partner Insight: Take care when choosing the route to endgame – there may be more options than you think

Partner Insight: Take care when choosing the route to endgame – there may be more options than you think

Pension schemes have been striving to find the ideal route to endgame for decades now.

Nikesh Patel, Van Lanschot Kempen
clock 11 April 2024 • 2 min read
Trustpilot