LGPS funding position reached 103% in August

Isio’s LGPS index finds £4bn funding improvement was driven by rise in bond yields

Jasmine Urquhart
clock • 1 min read
Isio's tracker revealed the LGPS aggregate funding position rose by £4bn in August
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Isio's tracker revealed the LGPS aggregate funding position rose by £4bn in August

The aggregate funding position of the Local Government Pension Scheme (LGPS) has improved to 103%, according to Isio’s low-risk funding index.

The second edition of the firm's LGPS index recorded a £4bn improvement as at 31 August 2023, having peaked at almost 108% at one point during the month. The index recorded that 51 of the 87 par...

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Jasmine Urquhart
Author spotlight

Jasmine Urquhart

Senior Correspondent at Professional Pensions

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