NEW ZEALAND - The New Zealand Superannuation Fund has returned 23.04% since the start of its fiscal year in July.
Figures released today show assets increased to NZ$18.82bn ($15bn) at the end of March, up from $16.4bn in July.
The return for the month of March alone was 0.41% and was due to a "mild positive contribution from private market assets", the fund said.
The fund allocates 66.5% to equities, 11.4% to fixed income, 8.1% to infrastructure, 6.7% to timber, 5.5% to listed properties, 1.3% to private equity and the rest to other private markets.
Females can expect to live a greater number of years in poor health than males, according to data from the Office for National Statistics (ONS) for 2015 to 2017.
Scottish higher-rate taxpayers will benefit from more pensions tax relief than workers on the same salary anywhere else in the UK as income tax bands continue to diverge.
Schemes risk breaking the law and being forced to wind up as The Pensions Regulator (TPR) warns some may be master trusts but do not know so.
As a hectic 2018 draws to an end, Jonathan Stapleton wishes readers a quieter 2019.