LGPS fund value hits £260bn; £9.5bn paid out in benefits in 2016/17

James Phillips
clock • 1 min read

The market value of funds for the English and Welsh local government pension schemes (LGPS) reached £259bn at the end of the 2016/17 financial year, official statistics show.

This is up 21% from 2015/16 when the funds totalled £214bn, and 43% since 2012/12 when their market value amounted to £177bn, according to the Department for Communities and Local Government. Th...

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James Phillips
Author spotlight

James Phillips

Professional Pensions journalist from 2016-2022

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