Social Housing Pension Scheme deficit falls by 55%

Scheme’s 2023 valuation reveals deficit fell from £1,560m to £690m as at September 2023

Martin Richmond
clock • 2 min read
Social Housing Pension Scheme deficit falls by 55%

The Social Housing Pension Scheme (SHPS) has published its 2023 actuarial valuation in which it revealed its deficit has fallen by 55%.

The valuation for the multi-employer scheme, which provides the pensions for more than 65,000 members from over 500 housing organisations, showed the scheme's funding position had "improved signifi...

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 Industry

Half of savers have never considered raising contributions, PLSA finds

Half of savers have never considered raising contributions, PLSA finds

PLSA research finds just 27% would commit to increases if they got a pay rise

Holly Roach
clock 14 January 2025 • 2 min read
UK Pensions Awards 2025: Just over one week left to enter!

UK Pensions Awards 2025: Just over one week left to enter!

This year’s awards will be held on 12 June at The Brewery in London

Professional Pensions
clock 14 January 2025 • 4 min read
News Digest: Pension managers urge UK to ditch 'megafund' scale test

News Digest: Pension managers urge UK to ditch 'megafund' scale test

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

Professional Pensions
clock 14 January 2025 • 1 min read
Trustpilot