Broadstone Sirius Index

Broadstone Sirius Index finds rise in interest rates improved half-hedged scheme surplus to 101.8%

Sirius Index finds both 50% hedged and fully-hedged schemes saw deficits fall by £0.2bn

Broadstone Sirius Index data shows 50% hedged scheme funding levels reached 99.6%

Half hedges scheme funding remained steady during July at 99.1%

Funding position grows from 96.1% at end of 2023 to 99.1% by end of H1 2024

Broadstone says stability at higher levels of scheme funding is increasing demand

Sirius Index analysis reveals scheme deficit levels remained broadly unchanged

Rise in gilt yields caused funding levels for 50% hedged schemes to grow by almost 1%

Analysis shows fully hedged scheme funding remained stable while 50% hedged schemes saw a 2% drop

Funding position of 50% hedged schemes climbed to 98.3% nearing self-sufficiency