THE average UK pension fund achieved an estimated weighted average return of -9.8pc over 2008, BNY Mellon Asset Servicing estimates reveal.
The performance management firm said this is the first time it has recorded negative yearly returns for pension funds since the three-year downturn at the beginning of the decade. Despite this, it said...
In this week's Pensions Buzz survey, we want to know whether or not you agree with Lord Myners' opinion that asset owners, such as pension funds, are substantially to blame for short-termism in business.
The combined funding level decreased by just over four percentage points by the end of last month to 93.6%, according to the Pension Protection Fund's (PPF) latest update.
Plastics manufacturer Carclo has missed yet another dividend as it continues to battle its defined benefit (DB) pension funding shortfall.