Brent Pension Fund investment strategy shift
Brent Pension Fund is shifting its investment strategy towards protection assets, driven by an improved funding position.
The Brent Pension Fund is set to implement a significant shift in its investment strategy, moving towards a greater emphasis on protection assets and reducing exposure to growth assets. This change, detailed in a March 2026 Pension Board meeting, aims to align investments with the fund's improved financial health and evolving market conditions.
This strategic adjustment follows the 2025 triennial actuarial valuation, which revealed the fund's funding level rose to 113% as of March 2025, up from 87% in 2022. The resulting surplus has led to a projected cut in employer contribution rates from 30.5% to 23% from April 2026.
No further meetings are currently scheduled to discuss the Brent Pension Fund investment strategy shift, which involves changing how the fund invests its assets. The fund is now implementing its move towards protection assets, following the projected cut in employer contribution rates that took effect in April 2026.
Key facts
- Brent Pension Fund's funding level reached 113% as of March 2025. Source
- Employer contribution rates were projected to cut from 30.5% to 23% from April 2026. Source
- The fund is set to implement a shift towards protection assets. Source
- The 2025 triennial actuarial valuation detailed the strategy shift. 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.