Pensions News

Again, great news for pensioners investing in these funds, as they are seeing their cash slowly grow rather than slowly decline.

Prepare for a better return on your pension

Pension plans across the U.K. face an “extraordinarily bruising year” and need to prepare for several challenges, according to a report by global consulting and investment services firm Mercer.
The average U.K. pension fund lost 9.8 percent in returns last year, the first time that the country’s pension funds recorded negative yearly returns since a decade ago, according to BNY Mellon Asset Servicing. Long-term performance showed U.K. pension funds returned 6.6 percent over five years and 4.2 percent over 10 year, said the study released late Thursday.