Law or policy

Performance Monitoring Report 2025-26 Year to Date

2 stories · 1 council

Bromley Pension Board is addressing concerns about the pension fund's administration performance and discrepancies.

The Bromley Pension Board voiced concerns in July 2025 regarding the pension fund's administration performance, highlighting discrepancies and sub-fund underperformance. Bromley Council has since implemented monthly service review meetings with Liberata Pensions to address these issues.

The Pensions Committee reviewed the fund's performance in May 2025, noting the Bromley Pension Fund's market value was nearing £1.5 billion. The fund's value reached £1,479.5m at the March quarter, with an increase driven by the purchase of the Fidelity UK Property fund.

The Performance Monitoring Report 2025-26 Year to Date tracks the Bromley Pension Fund's performance against set indicators. This report helps the council and board assess the fund's financial health and operational efficiency for the current financial year.

Key facts

  1. Bromley Pension Board voiced concerns regarding administration performance on 29 July 2025. Source
  2. Bromley Council implemented monthly service review meetings with Liberata Pensions. Source
  3. The Bromley Pension Fund's market value was £1,479.5m at the March quarter. Source
  4. The fund's value increased by £46.7m from 31 March 2024. Source
  5. As at 30 June 2025, the fund served 6,909 active members. 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.

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  1. Bromley Pension Board Concerned About Pension Fund Administration Performance, Custodian Discrepancies, and Risk Management Bromley Council's Local Pension Board has voiced concerns regarding the performance of the pension fund's administration, particularly highlighting discrepancies in performance... Bromley 2 August 2025
  2. Bromley Pension Fund Nears £1.5 Billion, Committee Reviews Performance and Asset Allocation The Bromley Pension Fund is approaching a significant milestone, with its value nearing £1.5 billion, according to a report presented at the Pensions Committee meeting on 28 May... Bromley 2 August 2025