LGPS assets hit record £400bn in March

Isio finds funding levels increased 39% since last actuarial valuation in March 2022

Jasmine Urquhart
clock • 2 min read
Isio's LGPS index finds funding levels have reached record highs since March 2022
Image:

Isio's LGPS index finds funding levels have reached record highs since March 2022

Local Government Pension Scheme (LGPS) assets increased to a record £400bn in March, analysis from Isio has found.

Isio's Low Risk Funding Index, which looks at the aggregate funding level for the 87 LGPS funds in England and Wales, found that funding increased to 106% at 31 March, a two percentage point differ...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here

Join now

 

Already a Professional Pensions
member?

Login

Jasmine Urquhart
Author spotlight

Jasmine Urquhart

Senior Correspondent at Professional Pensions

More on Defined Benefit

Pensions UK calls for PPF administration levy reform

Pensions UK calls for PPF administration levy reform

Trade body said DWP move to charge DB schemes in form of levy without prior warning ‘raises concerns’

Holly Roach
clock 03 July 2025 • 1 min read
DB transfer advice redress payments remain stable

DB transfer advice redress payments remain stable

First Actuarial says Q2 2025 redress remained at 5% of transfer value despite volatility

Jasmine Urquhart
clock 02 July 2025 • 1 min read
Tender Watch: Royal London appoints Procentia

Tender Watch: Royal London appoints Procentia

Firm partners with admin company to support BPA solution

Professional Pensions
clock 30 June 2025 • 1 min read
Trustpilot