LGPS aggregate funding climbs to 104% on a low-risk basis

Isio analysis finds rise in gilt yields saw a £13bn improvement in LGPS funding position

Martin Richmond
clock • 2 min read
LGPS aggregate funding climbs to 104% on a low-risk basis

The aggregate funding level of the Local Government Pension Scheme (LGPS) in England and Wales climbed to 104% on a low-risk basis at the end of January, research from Isio shows.

The latest data from the consultancy's Low Risk Funding Index, which measured the individual funding level of the participating funds in the LGPS, found increases to UK government bond yields  last...

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

Join now

 

Already a Professional Pensions
member?

Login

More on Defined Benefit

Tender Watch: PMI appoints data insight partner

Tender Watch: PMI appoints data insight partner

Mortality Monitor webinars will help with member information, modelling, mortality rates and de-risking

Professional Pensions
clock 11 November 2024 • 1 min read
Partner Insight: £ Billion+ transactions - driving innovation across the risk settlement market

Partner Insight: £ Billion+ transactions - driving innovation across the risk settlement market

Mike Edwards, Partner, Aon
clock 06 November 2024 • 5 min read
Mixed industry views on DB run-on, SPP finds

Mixed industry views on DB run-on, SPP finds

SPP and APL survey of pension professionals finds minority think run-on is viable long-term strategy

Jasmine Urquhart
clock 23 October 2024 • 1 min read
Trustpilot