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Lambeth reports boost in funding ratio as equity drag hits returns

Lambeth Pension Fund, with assets of around £1.8bn, has reported a significant increase in its funding level to 121%, despite experiencing a downturn in investment performance over the past year.

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The uplift comes as the Local Government Pension Scheme (LGPS) undergoes its triennial valuation. A recent investment performance report indicated that Lambeth’s funding ratio

Mandy Kaur-Sadler, the recently appointed independent person to the West Midlands Pension Fund and Worcestershire Pension Fund, shares her expectations for the new statutory oversight role.

(Mandy Kaur-Sadler, the independent person to the West Midlands Pension Fund and Worcestershire Pension Fund)