LGPS funding levels reach high of 109% following rise in gilt yields

Isio said funds were 109% funded at the end of April, 11 months ahead of the next actuarial valuation

Holly Roach
clock • 2 min read
LGPS funding levels reach high of 109% following rise in gilt yields

Local Government Pension Scheme (LGPS) funding levels have reached the highest reported month end following a rise in gilt yields, partially offset by small reductions in asset values, according to Isio.

The consultancy's Low Risk Funding Index revealed during the month to 30 April, LGPS funding levels rose to 109% from 106% the month prior. This compares to a funding level of 67% at the time of th...

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 Industry

SPP sets out reforms to help address adequacy challenge

SPP sets out reforms to help address adequacy challenge

SPP says millions face inadequate retirement unless government enacts ‘significant’ reforms

Holly Roach
clock 08 July 2026 • 1 min read
News Digest: Pension scheme crisis: Cabinet Office sets out 'enforcement' plan

News Digest: Pension scheme crisis: Cabinet Office sets out 'enforcement' plan

PP brings together all the latest news on pensions from across the national and financial media

Professional Pensions
clock 08 July 2026 • 1 min read
Nest publishes 2026 pay gap report

Nest publishes 2026 pay gap report

Report shows reductions in master trust’s gender and ethnicity pay gaps

Martin Richmond
clock 07 July 2026 • 3 min read
Trustpilot