Pension Funding still strong after volatile period
Bobby Riddaway
Chair of Trustee Sustainability Working Group | Professional Trustee | Managing Director HS Trustees | International Keynote Speaker | Mallowstreet Most Influential Advisor | NED | C-Suite |
The funding levels of the Creatingbetteroutcomes pension scheme remain at their highest level for any time over the last four year, taking out the spike when gilt yields reached their recent peak.
The story is all to do with the value of the liabilities as all of the strategies have seen a fall in assets since 1 January but all have seen an improvement in funding.
The different strategies are now as wide apart as ever with the best performing strategy with 75% corporate bonds being up nearly 60% and the worst performing strategy being up over 16%.