UK pension funds saw average returns of 14 per cent in 2009, estimates released by BNY Mellon Asset Servicing have revealed. According to the figures, these are the best pension fund returns since 2005, with an estimated real return of 14.9 per cent when measured against RPI inflation for 2009. The estimates also reveal that pension funds have made gains over the three year period to December 31 2009, with an estimated average return of 1.7 per cent per annum. Overall, UK equities posted returns of 30.1 per cent during 2009, while Bonds and UK bonds showing negative returns.
Fair Investment
Jan 7, 2010 at 13:53 in
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