BALANCED pooled funds achieved a positive return for the third consecutive quarter with a median return of 2.3pc, Mellon Analytical Solutions' CAPS figures show.
The performance measurement firm said the median return on these funds over the 12 months to March 31 was 6pc – a real return of 1.2pc against retail price inflation. UK equity managers returned 2.8pc...
PP has compiled a list of what to watch out for over the coming months.
Canada Life has signed a £351m bulk annuity contract insuring the pensioner liabilities of 2,510 members and dependents in the AA UK Pension Scheme.
In this week's Pensions Buzz, we want to know if you believe there is ever a case for combining retirement savings products with other savings products, and if the PPF levy for sponsorless schemes is appropriate for DB consolidators.