BALANCED pooled funds achieved a median return of just 1.0pc during the final quarter of 2007, latest statistics from BNY Mellon Asset Servicing reveal.
The performance measurement firm said this marked the second consecutive quarter that managers have failed to achieve real rates of return. Over 2007, balanced pooled funds achieved an average return...
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.