LGPS 101% funded on a low-risk basis

Isio index finds LGPS still fully funded, despite drop from 108% in October 2023

Jasmine Urquhart
clock • 1 min read
Isio says the LGPS is still fully funded on a low risk basis
Image:

Isio says the LGPS is still fully funded on a low risk basis

The aggregate funding level of the Local Government Pension Scheme (LGPS) was measured at 101% at the end of last year, Isio analysis finds.

The consultancy's Low Risk Funding Index measured the individual funding levels of the 87 participating funds at 31 December 2023, and found a fall in gilt yields and rise in inflation at the end o...

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 Defined Benefit

DB surpluses reach 'near record' of £154bn, XPS says

DB surpluses reach 'near record' of £154bn, XPS says

XPS says DB funding improved by £20bn in February driven by 0.2% rise in long term gilts

Jasmine Urquhart
clock 04 March 2024 • 1 min read
Professional Pensions' DB Funding Index

Professional Pensions' DB Funding Index

How the funding of defined benefit pension schemes is changing

Jonathan Stapleton
clock 04 March 2024 • 1 min read
SPP: New DB funding regime will make 'little' difference to pace of scheme closures

SPP: New DB funding regime will make 'little' difference to pace of scheme closures

Poll comes as 500,000 people still contributing to private sector schemes

Jonathan Stapleton
clock 01 March 2024 • 1 min read
Trustpilot