Pension Scheme Funding on target for good end to 2021

The funding levels of the Creatingbetteroutcomes Pension Scheme returned to positive performance as Equities rose and Gilt yields rose. This offset some of the losses seen in November.

They rose between 0.5% and 1.5%, with the equity biased strategies performing the best. Equities rose by around 3% across the board.

The recent falls in November mean that the worst performing strategy is now a little down since the start of 2021 so needs a boost in the last few weeks to finish the year up.