BALANCED pooled funds achieved a median return of 0.5pc in July 2006, latest CAPS figures from Mellon Analytical Solutions reveals.
Over one, three and five years to July 31, balanced pooled funds returned 12.5pc, 13.9pc per annum and 5.4pc per annum respectively. Over 10 years the funds returned 7.4pc per annum. UK equity funds...
Life expectancy in the UK saw no improvement between 2015 and 2017 as the number of people aged over 90 hit a record high, latest Office for National Statistics (ONS) data reveals.
Self-administered pension funds spent £14bn on payments to pensioners in Q2 2018, but only received £11.4bn of contributions (net of refunds), latest Office for National Statistics (ONS) data reveals.
The Pensions and Lifetime Savings Association (PLSA) has named the 17 members of its inaugural policy board after a competitive application process with 60 candidates.