Chris Rice

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%

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