In December, pension fund returns ended on a strong note, rising by an average of 3.4%, after stalling in November.
Figures from Rubicon Investment Consulting show that the average return for the year was 13%, and over the three years to the end of December, the average fund return has shown a strong 14.9% rate a year.
Rubicon says that strong corporate earnings and a rake of merger and acquisition activity supported market returns in December.
