LGPS surplus grows to £147bn on low-risk basis

Isio’s Low-Risk Funding Index finds funding level increased to 147%

Jasmine Urquhart
clock • 1 min read
LGPS surplus grows to £147bn on low-risk basis

The surplus of the Local Government Pension Scheme (LGPS) has increased to £147bn on a low-risk basis, according to Isio.

The Low-Risk Funding Index from Isio saw the aggregate funding level for the participating schemes increase from 126% at the end of Q1 this year to a "record high" of 147% in Q3. It also found a...

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

More on Risk Reduction

Hymans Robertson launches run-on service for DB schemes

Hymans Robertson launches run-on service for DB schemes

Horizon helps test the economics of running on and to design and optimise strategies

Jonathan Stapleton
clock 10 March 2026 • 2 min read
Industrials sector scheme completes £105m full buy-in with Canada Life

Industrials sector scheme completes £105m full buy-in with Canada Life

Risk reduction transaction secures the benefits of over 1,800 pensioners and deferred members

Martin Richmond
clock 10 March 2026 • 1 min read
Athora receives regulatory approval for PIC acquisition

Athora receives regulatory approval for PIC acquisition

PRA greenlights £5.7bn takeover deal as Athora raises £3bn in new equity

Jonathan Stapleton
clock 06 March 2026 • 1 min read
Trustpilot