UK - Schemes have registered returns of 17% for 2003, their first full year of positive returns for four years according to the WM Company.
The firm found that during 2003, UK equities returned 21.1% despite the sharp fall in markets during the first quarter.
WM also found that European equities returned 27.6%, Japanese equities 20.3%, while other Asia-Pacific markets returned 33.7%. However, the 10.1% fall in the value of the US dollar restricted the returns of US equities to 16.2%.
The Pensions Regulator (TPR) and Labour MP Stephen Kinnock and will listen to the experiences of steelworkers when transferring their pensions away from the British Steel Pension Scheme (BSPS) next week in Port Talbot.
Just Group has acquired a 75% stake in the holding company of Corinthian Pension Consulting in a bid to strengthen its professional defined benefit (DB) advisory services.
The Pensions Regulator (TPR) has exercised its production order power under the Proceeds of Crime Act 2002 for the very first time as part of a fraud investigation.
The ITN Limited Pension Scheme has named Trafalgar House as its administrator for an initial term of five years.