Funding update

Every year the Scheme produces a Summary Funding Statement which gives an overview of the Scheme’s funding position and reports on the most recent valuation conducted by the Scheme Actuary at Aon. You can read our latest Summary Funding Statement in a dedicated section of the website, here.

The last actuarial valuation showed the Scheme’s funding level to be 94%. The latest valuation is ongoing and we’ll post the results online in our next summary funding statement.