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Real returns on UK pensions reach 15%
The real rate of return on UK pension funds reached 15 per cent in 2009 - the highest since 2005, according to the Pension Markets report from International Financial Services London (IFSL).
Duncan McKenzie, director of economics at IFSL, said despite the returns recorded last year, due to four years of negative returns in the last decade real returns during that period have averaged only 1.1 per cent a year.
The long-term average real return for the last half century was 4.2 per cent a year.
The report also revealed UK assets are only exceeded by the US market.
