The average UK pension fund returned 8.8% for the year ending 31 December 2006, the fourth consecuti...
The average UK pension fund returned 8.8% for the year ending 31 December 2006, the fourth consecutive calendar year of positive investment performance. Over four years to 31 December, pension funds achieved an estimated weighted annual average return of 13.4%, according to Mellon Analytical Solutions. UK pension funds have also seen positive real rates of return over the longer term. Over the past 10 years the annual return was an estimated 7.6% compared with 2.7% for RPI. This was also ahead of annual earnings inflation, which is estimated at 4.2%, based on figures to September 2006. Da...
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