Royal Borough of Kingston Pension Fund
The Royal Borough of Kingston Pension Fund is focused on managing asset growth and addressing a dip in its funding level.
The Royal Borough of Kingston upon Thames Pension Fund's net assets reached £1.51 billion by June 2026, an increase of £110 million from the previous quarter, according to an announcement. This growth occurred despite a dip in the fund's overall funding level to 128% from 137% following the March 2025 valuation. The Head of Pensions Investments and Treasury, Katherine Gray, attributed this decrease to higher-than-anticipated inflation impacting liabilities.
The fund's annual report for the 2025/26 financial year stated that net assets grew to £1.41 billion by the end of March 2026, an 8.9% increase over the previous year. Despite this asset growth, the fund continues to operate in a cash flow negative position, with contributions received being lower than benefits paid out. No upcoming meetings are currently scheduled to discuss these matters.
Key facts
- The Royal Borough of Kingston upon Thames Pension Fund's net assets reached £1.51 billion by June 2026. Source
- The fund's funding level dipped to 128% from 137% following the March 2025 valuation. Source
- Net assets increased by £110 million from the previous quarter by June 2026. Source
- Net assets reached £1.41 billion by the end of the 2025/26 financial year. Source
- The fund operates in a cash flow negative position, with contributions lower than benefits paid out. 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 15 October 2026. Spotted a mistake? Email community@opencouncil.network.