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Bumper year for pension funds

UK pension funds recorded a bumper 1999 with iinvestments on average growing 20.6 per cent.


This compares 14 per cent in 1998.


Average returns for the decade of the 1990s was 12.5 per cent a year.


WM Company executive director Peter Warrington says: “This was an incredible year, with an end-result beyond most people&#39s expectations.”


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