Despite a valuation exceeding £2 billion, the Newham Pension Fund is grappling with an estimated £9 million deficit, according to reports presented at a Pensions Committee meeting on Wednesday, 10 December 2025. This represents an improvement from the £19 million deficit reported in the quarter ending December 2024.
The fund's asset valuation stood at £2.047 billion as of 30 September 2025, marking a £112 million increase from the previous quarter. However, a report from Barnett Waddingham, available in the Public reports pack from the meeting here, indicated the estimated funding deficit, representing a funding level of 99%.
The committee acknowledged that the funding position is subject to the Fund's investment performance and future market conditions.
