Spotlight on our finances
04 October 2023
Each year the Trustee produces the Scheme’s Annual Report and Financial Statements, which are audited by KPMG.
You’ll find the latest version in the ‘Document library’ on the Scheme website.
DC Section highlights at 5 April 2022
* This includes contributions paid by members, the Company and transfers in the DC Section from other arrangements.
# This includes benefits paid to members, transfers to other arrangements and administration expenses.
Over the year to 5 April 2022 the total value of the DC Section assets increased by £37.4m to £621.5m. The membership of the DC Section also increased by 176 to 9,446 members. On 5 April 2022 the total assets for the Scheme (the DC Section and the DB Section combined) amounted to £7,271.2m which was a reduction of £519.9m since 5 April 2021. Similarly, during that same period, the total Scheme membership reduced from
41,786 to 41,302.