{"id":1924,"date":"2017-02-21T01:04:08","date_gmt":"2017-02-21T01:04:08","guid":{"rendered":"http:\/\/asadkarim.co.uk\/?p=1924"},"modified":"2017-01-27T14:39:04","modified_gmt":"2017-01-27T14:39:04","slug":"the-kingston-pension-fund","status":"publish","type":"post","link":"https:\/\/www.asadkarim.co.uk\/?p=1924","title":{"rendered":"The Kingston Pension Fund."},"content":{"rendered":"<p>Royal Borough of Kingston upon Thames has a fund that pays the pensions of its retired workers.<\/p>\n<p><a href=\"https:\/\/www.kingston.gov.uk\/downloads\/file\/1740\/pension_fund_annual_report_2015-16\" target=\"_blank\">https:\/\/www.kingston.gov.uk\/downloads\/file\/1740\/pension_fund_annual_report_2015-16<\/a><\/p>\n<p>Some interesting facts:<\/p>\n<p>Income into the fund in 2016 was <strong>\u00a341.5m<\/strong><br \/>\nExpenditure out of the fund in 2016 was <strong>\u00a334.4m<\/strong><\/p>\n<p><strong>Thus a financial surplus in 2016<\/strong>.<\/p>\n<p>&#8220;<em>The Fund continues to be a growing Fund and cash flow positive, as contributions from members and employers exceed the cost of pensions and benefits payable<\/em>&#8221;<\/p>\n<p>The fund is worth <strong>\u00a3651.48m = 100.0%<\/strong><\/p>\n<p><strong>Fidelity:<\/strong><br \/>\nGlobal Equities Fund \u00a3157.5m = 24.17%<br \/>\nEmerging Market equities \u00a316.579m = 2.54%<br \/>\nCash and other investment balances \u00a33.183m = 0.49%<\/p>\n<p><strong>ColumbiaThreadneedle:<\/strong><br \/>\nUnitised Insurance Policy (Global equities) \u00a3122.398m = 18.79%<\/p>\n<p><strong>Schroders:<\/strong><br \/>\nOther Managed Funds (Global equities) \u00a386.511m =13.28%<\/p>\n<p><strong>Henderson:<\/strong><br \/>\nOther Managed Funds (Bonds) \u00a388.480m = 13.58%<\/p>\n<p><strong>UBS:<\/strong><br \/>\nProperty Unit Trusts \u00a329.822m = 4.58%<br \/>\nCash and other investment balances \u00a31.703m = 0.26%<\/p>\n<p><strong>Pyrford:<\/strong><br \/>\nOther Managed Funds (DGF) \u00a373.420m = 11.27%<\/p>\n<p><strong>Standard Life:<\/strong><br \/>\nOther Managed Funds (DGF) \u00a370.078m = 10.76%<\/p>\n<p><strong>In house:<\/strong><br \/>\nCash \u00a31.670m = 0.26%<\/p>\n<p>A pension fund whose income is greater than its outgoings.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Royal Borough of Kingston upon Thames has a fund that pays the pensions of its retired workers. https:\/\/www.kingston.gov.uk\/downloads\/file\/1740\/pension_fund_annual_report_2015-16 Some interesting facts: Income into the fund in 2016 was \u00a341.5m Expenditure out of the fund in 2016 was \u00a334.4m Thus a financial surplus in 2016. &#8220;The Fund continues to be a growing Fund and cash flow [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-1924","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=\/wp\/v2\/posts\/1924","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1924"}],"version-history":[{"count":1,"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=\/wp\/v2\/posts\/1924\/revisions"}],"predecessor-version":[{"id":1925,"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=\/wp\/v2\/posts\/1924\/revisions\/1925"}],"wp:attachment":[{"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1924"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1924"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1924"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}