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

Gill Furniss resigns as shadow pensions minister, reports say

Gill Furniss resigns as shadow pensions minister, reports say

Reports cite ‘personal reasons’ as the reason for minister’s decision to step down

Martin Richmond
clock 30 April 2024 • 1 min read
WSB Awards 2024 - Three days left to register!

WSB Awards 2024 - Three days left to register!

The 12th anniversary WSB Awards will be presented in London on 5 September

Workplace Savings and Benefits
clock 30 April 2024 • 2 min read
News Digest: ​Dutch funds risk €18bn bill if pension transition called off

News Digest: ​Dutch funds risk €18bn bill if pension transition called off

PP brings together all the latest news on pensions from across the national and financial media

Professional Pensions
clock 30 April 2024 • 1 min read
Trustpilot