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%
Funding position grows from 96.1% at end of 2023 to 99.1% by end of H1 2024
Broadstone Sirius Index finds fully hedged scheme reaches 68% funding
Launch follows pilot scheme last year which saw more than 20 schemes transact
Sirius Index analysis reveals scheme deficit levels remained broadly unchanged
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
Broadstone finds funding positions fell due to rising interest rate expectations
Possibility of higher-than-expected inflation raises fears of liability rise