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LGPSAB publishes Annual Report 2023

Published on: 13 June 2024

Published by LNB News

LNB News 13/06/2024

Document Information

Issue Date: 13 June 2024

Published Date: 13 June 2024

Jurisdiction(s): England, Northern Ireland, Scotland and Wales

Article summary

The Local Government Pension Scheme Advisory Board (LGPSAB) has published its Annual Report 2023, the eleventh of its kind. The report provides information about the status of the LGPS, the largest direct benefit scheme in England and Wales, for its 6.49 million members. Key takeaways from the report include an increase in membership by 1.6%, a decrease in total assets by 2.6% to £354bn, and a reduction in investment return of 1.8%.

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