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Kent Pension Report.pdf

Report-and-Accounts-2023-DRAFT.pdf
Preview of Kent Pension Report
🔗 Source: kentpensionfund.co.uk
📊 Size: 2.2 MB
👤 Author: Kent County Council
⬇️ Downloads: 265

Summary

Kent Pension Fund's annual report for 2023 shows a positive return of 1.7% on investments, outperforming the benchmark return of 0.3%. The fund's value has grown to £7.8bn, with 43% of assets pooled via the ACCESS investment pool. The funding level has improved to 102%, and employer contribution rates for 2023-2026 have been established. The fund has also made progress in responsible investment, climate risk management, and governance, with a new strategic business plan in place to guide future work. Membership has increased to 151,838 scheme members, with 301 active employers, and the administration service has implemented new systems to enhance the engagement experience.

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Description

Kent Pension Fund's annual report for 2023 shows a positive return of 1.7% on investments, outperforming the benchmark return of 0.3%.

Technical Information

  • File Format: PDF
  • File Size: 2.2 MB
  • Pages: 62
  • Language: EN
  • Author: Kent County Council
  • Total Downloads: 265
  • Last Updated: 7 days ago

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