Annual report and accounts 2021/22

21 September 2022

We’ve provided a summary of the key information about the Scheme’s finances for the year to 31 March 2022. This includes how the Scheme has used its money, any changes to how much money is set aside to pay benefits, the type of investments held and the number of members.

We encourage members to read this summary because it provides more detail about the financial health of the Scheme.

If you’d like more information, you can download the full Report and Accounts for the year ended 31 March 2022 under the documents section of the Governance page.

We monitor the Scheme’s investments closely. It's normal for the Scheme's assets to go up and down in value from year to year. The Scheme's finances continue to be in a healthy position.

The Scheme's Investments

As at 31 March 2022, the Scheme's assets were invested as follows:

Scheme membership