UK schemes recover after 'worst annual return in 30 years'

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UK pension funds have fought back from a dismal 2008 by delivering their best returns in four years, research from BNY Mellon reveals.

Plummeting equity prices during 2008 had resulted in a 13.6% drop in investment performance. However, 2009 saw a dramatic turnaround with UK funds achieving an estimated weighted average return ...

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