The asset value of the BBC pension scheme has plunged to £6.5bn from £8.1bn last year, due to heavy losses on its equity holdings.
According to its annual report, the scheme suffered an overall negative return on its assets of 18.6%. UK equities heavily contributed to the losses, with negative returns of 30%, as well as real e...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership for 12 months, providing you access to:
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders
Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here
