Social Housing scheme's deficit continues to fall

The consultancy says SHPS trustees could reduce contributions or lower investment risk

clock • 2 min read
Social Housing scheme's deficit continues to fall

The Social Housing Pension Scheme’s (SHPS) funding position has improved significantly in recent months following a massive increase in gilt yields, according to Lane Clark & Peacock (LCP).

It comes after the actuarial consultancy announced in February that the deficit had fallen from £1.6bn in September 2020 to £930m 12 months later. LCP said that the position of SHPS is expected ...

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