UK - The Wesleyan Assurance Society with-profits life and pension fund produced an impressive 17% gross investment return last year, despite an 80% investment in equities.
The Birmingham-based mutual life assurer said the “exceptional” performance showed a heavy weighting in equities was still the best way to secure higher returns.
The FCA and TPR have announced their joint strategy for tackling the key risks facing pensions in the next decade. Victoria Ticha explores the plan and the industry's initial reaction.
GKN has slammed Melrose for making 'misleading' comments relating to the engineering giant's two UK defined benefit (DB) schemes.
UK inflation fell to 2.7% in February 2018 from 3% a month earlier, the Office for National Statistics (ONS) has confirmed, a larger decline than analysts expected.
In the latest in a monthly series of DC columns from Newton Investment Management, Curt Custard warns investors of the possibility of further volatility in the months ahead