GLOBAL - Equities were the best performing asset class during November, figures from global indices provider MSCI show.
The MSCI World Equity Index returned 5.25% while hedge funds – as measured by the MSCI Hedge Fund Composite Index – returned 1.12%. The MSCI World Sovereign Debt Index returned 0.13%.
For the year to November, bonds returned 13.9%, hedge funds 2.5%, while equities lost 16.94%.
A "substantial" parliamentary bill acting as a "roadmap" for the long-term future of private pensions will lead to a "significant period of calm", Guy Opperman has promised.
The Department for Work and Pensions (DWP) has completed its appointment process for the Single Financial Guidance Body's (SFGB) board, naming three non-executive directors.
Pensions and financial inclusion minister Guy Opperman has launched a simplified two-page annual statement in a bid to provide a best practice template for the industry.
Some 70% of defined contribution (DC) members want to know their scheme is personalised and tailored to their needs, an Invesco language study reveals.