Issue

Fund Performance

1 story · discussed at 1 council meeting · 2 councils

Westminster Pension Fund's underperformance against its benchmark is the current focus of discussion.

The Westminster Pension Fund underperformed its benchmark over the past year and three years, according to a report presented to its Pension Board in March 2026. This discussion concerned the financial returns and overall success of the fund's investments, which is what fund performance measures.

The fund achieved a positive absolute return of 1.57% net of fees for the quarter ending December 31, 2025, but fell short of its fixed weight benchmark by 0.97%. Phil Triggs, Tri-Borough Director of Treasury and Pensions, informed the board of these figures.

Key facts

  1. The Westminster Pension Fund underperformed its benchmark over the past year and three years. Source
  2. A report on the Westminster Pension Fund's performance was presented to its Pension Board in March 2026. Source
  3. The Westminster Pension Fund achieved a 1.57% net return for the quarter ending December 31, 2025. Source
  4. This return fell short of the Westminster Pension Fund's benchmark by 0.97% for the quarter ending December 31, 2025. Source
  5. Phil Triggs, Tri-Borough Director of Treasury and Pensions, informed the Westminster Pension Board of the fund's performance. Source
About this summary

This summary was written automatically from our published stories and the council meeting records they draw on. It describes what councils have discussed and decided; it does not take a view on any decision. Each key fact links to the story it comes from. Updated 30 September 2026. Spotted a mistake? Email community@opencouncil.network.

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