Irish pension funds gained 20.7% in 2009, according to a recent survey.
The Hewitt Managed Fund Index, an indicator of Irish pension's performance, revealed that in general 2009 has been a good year overall for pensions.
After falling 8% in the first ten weeks of 2009, the performance of pensions improved significantly over the balance of the year as global equity markets rebounded.
Irish pension managed funds have gained 28% since the March lows though still have a long way to go to recover to the position that funds held in the middle of 2007.
