The average UK pension fund achieved a weighted average return of 14.4% for the year ending December 31, last year, latest BNY Mellon Asset Servicing figures reveal.
The performance measurement firm said this was the best return it had recorded since 2005 - and was a real return of 12.0% when measured against the retail price index for 2009 and 12.9% when measured...
This week's edition of Professional Pensions is out now.
The government is in talks with the UK and Irish pensions regulators over how to protect members of cross-border schemes in the event of a no-deal Brexit.
The equalisation of guaranteed minimum pensions (GMPs) is at least two years away from being completed, and could take longer than four years for some schemes, a poll has found.
The Pensions Regulator will consider if schemes should be required to have professional trustees and assess the case for greater regulation of administrators and system providers, PP can reveal.