UK pension funds post negative returns for 2001

With an ageing UK population, one might hope the WM Company survey would show an escalating UK Pension Funds market. Instead the survey shows that the UK pension industry has posted a negative return of -10% for the year 2001, the worst result since 1990. Investors preferred transferring their funds from equities to bonds. This reflects the uncertainty among pension investors in the volatile equity market of the year 2001. Eric Lambert, WM executive director commented: "2001 was a quite extraordinary year and one which most investors will want to put behind them. This year's res...