LGPS funding position improves further to 107% during September

Isio LGPS index shows £11bn improvement following increase in government bond yields

Holly Roach
clock • 2 min read
LGPS funding position improves further to 107% during September

The aggregate funding position of the Local Government Pension Scheme (LGPS) improved further over the course of September, reaching 107%, according to Isio’s Low-Risk Funding Index.

The firm's index - published today (31 October) - recorded the funding position was up four percentage points compared to August's 103% figure, representing an £11bn improvement as at 30 September ...

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

More on Industry

The PPF's Shalin Bhagwan and James Emmott

Webinar: The PPF Purple Book - Register now

PP joins PPF’s Shalin Bhagwan and James Emmott to discuss the latest DB scheme data

Professional Pensions
clock 30 November 2023 • 1 min read
PASA's Kristy Cotton and Alan Clay

Can schemes analyse the accuracy of their own identification data?

PASA experts discuss whether schemes may need to appoint a third-party agency

Kristy Cotton and Alan Clay
clock 29 November 2023 • 3 min read
Savings boost of 15% needed for young people to retire early

Savings boost of 15% needed for young people to retire early

L&G highlighted the ‘power’ of compound growth when it comes to pension saving

Holly Roach
clock 29 November 2023 • 1 min read
Trustpilot