Cash flow
Kingston Pension Fund's assets have increased to £1.51 billion, though its funding level has dipped due to inflation.
The Royal Borough of Kingston upon Thames Pension Fund's net assets reached £1.51 billion as of June 30, 2026, an increase of £110 million from the previous quarter. Despite this growth, the fund's overall funding level dipped to 128% from 137% following its March 2025 valuation, according to an October 2026 announcement.
Katherine Gray, Head of Pensions Investments and Treasury, attributed the decrease in the funding level to higher-than-anticipated inflation impacting liabilities. There are no upcoming council meetings scheduled to discuss the pension fund's cash flow or financial position.
Key facts
- Kingston Pension Fund's net assets reached £1.51 billion as of June 30, 2026. Source
- The fund's assets increased by £110 million from the previous quarter. Source
- The fund's overall funding level dipped to 128% from 137%. Source
- This dip in funding level followed the March 2025 valuation. Source
- Higher-than-anticipated inflation impacting liabilities caused the funding level decrease, according to Katherine Gray. 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 15 October 2026. Spotted a mistake? Email community@opencouncil.network.