US - The performance of institutional investors' portfolios for the 2008 calendar year was down approximately 25%, research by Wilshire Analytics shows.
The median performance of corporate pension plans was -25.85% for the year and -13.09% for the quarter while public pension funds median performance was -24.91% for the year and -13.18% for the third quarter.
Wilshire TUCS is a cooperative effort between the investment technology unit of Wilshire Associates and custodial organizations including nearly 1,200 plans representing $2.55 trillion in assets.
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