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

Isio records 26% increase in group revenue in 2024

Isio records 26% increase in group revenue in 2024

Firm’s results reveal group revenue increased to £170m while EBITDA rose by 31%

Martin Richmond
clock 31 March 2025 • 1 min read
TPR writes to government setting out new approach to support growth

TPR writes to government setting out new approach to support growth

Regulator lays out commitments to ‘foster sustainable economic growth’ consistent with its remit

Holly Roach
clock 31 March 2025 • 2 min read
News Digest: Dutch pensions to invest €100bn in risky assets; Watchdog slams Australian pension funds' treatment of customers

News Digest: Dutch pensions to invest €100bn in risky assets; Watchdog slams Australian pension funds' treatment of customers

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

Professional Pensions
clock 31 March 2025 • 1 min read
Trustpilot