UK scheme returns in the black for third year in a row

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UK schemes achieved an average return of 4.3% on investments last year led by gilt returns of more than 20%, a study shows.

Figures from BNY Mellon Asset Servicing revealed the fixed income sector accounted for most of the positive returns with UK Gilts achieving a median return of 24.8% and UK Index-Linked Gilts return...

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