fixed interest gilts
Brent Pension Fund is adjusting its investment strategy, moving towards protection assets following an improved funding position.
Brent Pension Fund is currently adjusting its investment strategy, aiming to increase its allocation to protection assets. This shift follows a 2025 triennial actuarial valuation, which showed the fund's financial health improved to a 113% funding level in March 2025. This positive valuation is projected to reduce employer contribution rates from 30.5% to 23% from April 2026.
The move towards protection assets is part of an overhaul to align the fund's investments with its improved funding position and evolving market conditions. The fund's funding level had previously been 87% in 2022, indicating a significant recovery.
Key facts
- Brent Pension Fund's funding level reached 113% in March 2025. Source
- Employer contribution rates are projected to decrease from 30.5% to 23% from April 2026. Source
- Brent Pension Fund is shifting its investment strategy towards protection assets. Source
- The fund's funding level was 87% in 2022. Source
About this summary
This summary was written automatically from our published stories and the council meeting records they draw on, with background from Wikipedia. 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.