BALANCED pooled funds saw median returns of 3.7pc over the three months to the end of June, BNY Mellon Asset Servicing's latest CAPS figures reveal.
The performance measurement firm said balanced pooled funds achieved real rates of return over both the quarter and 12 months. Over five and 10 years, median returns were 10.4pc and 6.7pc per annum...
Jonathan Stapleton asks whether newly-accredited professional trustees should be a statutory fixture on pension scheme boards.
Savers are being warned by the Insolvency Service to guard their pension pots from investment scammers and negligent trustees as it winds up 24 companies.
Respondents say they should only be required in certain situations as the system is not broken.