UK - Aberdeen Property Investors' specialist out-of-town retail vehicles posted strong returns for 2003.
The Regent Retail Parks Partnership and the Two Rivers Limited Partnership produced geared total returns of 28.2% and 30.9% respectively.
API director Simon Winslow said the figures were “most impressive” given the relatively low level of gearing compared to others within the sector and were not just a result of yield movement in the property market.
The Pensions and Lifetime Savings Association (PLSA) has announced it will shrink its board by more than one-third as part of a governance overhaul to make it "agile and more appropriate".
Smaller FTSE 350 defined benefit (DB) schemes were nearly 15 percentage points less well-funded than larger schemes in 2017, according to a Goldman Sachs Asset Management (GSAM) analysis.
The advent of collective pension systems could help the UK avoid demographic challenges which will make it "impossible" for society to help savers in retirement, experts say.