FINANCE

Pension funds report 'strongest returns in three years'

Local authority pension funds have reported the best quarterly returns in the last three years despite Brexit concerns, a major investment service provider has claimed.

Local authority pension funds have reported the best quarterly returns in the last three years despite Brexit concerns, a major investment service provider has claimed.

The Local Authority Pension Performance Analytics service, launched by PIRC, has estimated that the average fund returned 5.6% for the quarter to the end of June.

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