GLOBAL - Global equities returned over 7% in October outperforming both fixed income and hedge funds, figures by global indices provider MSCI show.
The MSCI World Equity Index achieved a positive return of 7.3% in October, while bonds – as measured by the MSCI World Sovereign Debt Index – returned -0.4% and hedge funds managed a 0.2% return.
For the year to date, bonds have returned 13.8%, hedge funds 1.4% and equities -21.1%.
Life expectancy in the UK saw no improvement between 2015 and 2017 as the number of people aged over 90 hit a record high, latest Office for National Statistics (ONS) data reveals.
Self-administered pension funds spent £14bn on payments to pensioners in Q2 2018, but only received £11.4bn of contributions (net of refunds), latest Office for National Statistics (ONS) data reveals.
The Pensions and Lifetime Savings Association (PLSA) has named the 17 members of its inaugural policy board after a competitive application process with 60 candidates.