Kingston Pension Fund
Kingston Pension Fund is focusing on affordable housing investments following a reported £350 million surplus.
Kingston Pension Fund reported a £350 million surplus in March 2026, with its funding level reaching 137% as of March 2025, an increase from 111% in 2022. This financial position was revealed in the triennial valuation results presented to the Pension Board in March 2026.
The fund also updated its Responsible Investment Policy in March 2026, committing 10% of its capital to impact investments. This includes a £100 million investment in Legal and General's Affordable Housing Fund, made through the LCIV UK Housing Fund, as part of its focus on affordable housing.
Key facts
- Kingston Pension Fund updated its Responsible Investment Policy in March 2026. Source
- The fund allocated 10% of its capital to impact investments, focusing on affordable housing. Source
- A £100 million investment was made in Legal and General's Affordable Housing Fund. Source
- Kingston Pension Fund reported a £350 million surplus in March 2026. Source
- The fund's funding level was 137% as of March 31, 2025. 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.