Equities lead to boost in Pension Scheme Funding

The funding levels of the Creatingbetteroutcomes Pension Scheme all rose over the last week.

The rise was due to equity markets rising by almost 1%. Gilt yields rose slightly but this did not have much of an effect.

The overall rise was between 0.5% and 1% for the six example investment strategies. This increases the chance of 2021 being a good year for funding with all strategies being comfortably ahead of the position at 1 Jan 2021.