The average UK pension fund achieved a return of 6.8% last year helped by soaring Asian and emerging equity markets. But most final salary pension schemes are still continuing to move assets into lower-risk bonds and alternative asset classes as they seek to lock in recent gains. The performance estimates, compiled by pension administration company BNY Mellon Asset Servicing, mean that pension funds have recorded their fifth consecutive calendar year of positive returns following the post-millennium bear market.

Pension Funds Buoyed By Emerging Markets (from The Herald )