Tri-Borough Director of Treasury and Pensions
Councils are reviewing pension fund performance and administration, a key function of the Tri-Borough Director of Treasury and Pensions.
The Kensington and Chelsea Pension Board discussed updates on pension administration and quarterly performance reviews in July 2026. This follows a report in March 2026 where the Tri-Borough Director of Treasury and Pensions, Phil Triggs, informed the Westminster Pension Board that the Westminster Pension Fund underperformed its benchmark over the past year and three years.
The Tri-Borough Director of Treasury and Pensions is a senior role responsible for treasury and pension functions across three boroughs, including preparing performance reviews of pension fund investments. The Westminster Pension 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%.
Key facts
- The Westminster Pension Fund underperformed its benchmark over the past year and three years, as reported in March 2026. Source
- The Westminster Pension Fund achieved a 1.57% net return for the quarter ending December 31, 2025. Source
- The fund's Q4 2025 return fell short of its fixed weight benchmark by 0.97%. 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.