Balanced pooled funds hit by falling equity markets.

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Plunging equity markets have wiped out all gains made by pension schemes from balanced pooled funds in the last year, BNY Mellon figures show.

Balanced pooled funds returned -12% in Q3, destroying all gains made over the previous three quarters for the one year period up until September 30. Returns from the start of Q4 2010 to the end...

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