US - Corporate pension plans with assets in excess of $1bn posted a median performance of -7.09% for the first quarter of 2009, according to the latest Wilshire Trust Universe Comparison Service.
Wilshire Analytics' Performance Reporting division managing director and head Hilarie Green said: "The US stock market posted a disappointing -10.56% return in the first quarter of 2009, its sixth consecutive down-quarter and the longest such streak in the 28-year history of the Wilshire 5000 Index."
However, she added: "The news wasn't all bad during the quarter, as US stocks advanced 8.7% in March, which was the Wilshire 5000's largest monthly return since December 1991. From its low on March 9, the market rallied an impressive 18.45% percent to close the quarter."
A former energy and climate change secretary has said that by continuing to invest in fossil fuel firms, pension schemes are just making the climate change crisis even worse.
The Royal Mail Defined Benefit Cash Balance Scheme (DBCBS) has ended its first full-year with a £9m actuarial surplus, the company says.
The Salvus Master Trust has launched a mobile app for members after employers revealed they wanted their members to have more access to online tools.
A rise in UK inflation back above the Bank of England's 2% target rate will not change the thinking of its Monetary Policy Committee with regards to interest rates, experts have said.