GLOBAL - All equity markets suffered declines over through the fourth quarter of 2008, Mercer analysis reveals.
Fixed income assets performed better, with positive returns on the Barclays Capital Aggregate Bond index (up 4.6%).
A balanced asset class, comprised 60:40 of equities and bonds using the S&P and Barclays benchmark indices lost 11.9%.
The consultant's Defined Contribution Universe Summary surveyed returns of various funds in order to help institutional investors compare and benchmark mutual fund performance.
Most respondents in this week's Pensions Buzz do not think businesses should be able suspend AE contributions if in financial distress.
Former BHS owner Dominic Chappell has lost the appeal against his section 72 conviction and sentence for failing to hand over information to The Pensions Regulator (TPR).
This week's top stories include Marsh and McLennan Companies agreeing to buy JLT, and the home secretary calling for AE to be scrapped in a no-deal Brexit scenario.
Lesley Titcomb says the watchdog wants closer interactions with pension funds to spot problems sooner and act before having to use its more stringent powers