The Cheviot Trust delivered the highest returns for savers in the pre-retirement phase, for those five years before state pension age, returning 10.6 per cent a year annualised before charges in the year to 31.9.19.
The Cheviot Trust had just over 1,200 members at 31.3.19, with assets of just £13m.
TO VIEW MASTER TRUST AND GPP PERFORMANCE DATA ACROSS A RANGE OF AGE COHORTS, OR RISK/RETURN CHARTS, CLICK THE DROP-DOWNS ABOVE.
Willis Towers Watson’s £1.25bn (31.3.19) LifeSight default came in just behind Cheviot with an annualised return of 10.52 per cent in the crucial pre-retirement period where investment returns are increasingly important as fund values are higher.
Scottish Widows Master Trust and Legal & General’s WorkSave Mastertrust shared third place over the period, with an annualised return of 9.8 per cent.
The Lewis Master Trust saw the lowest return across the Corporate Adviser Pension Average (CAPA) universe with a 12-month return of just 2.72 per cent, with Atlas delivering 3.04 per cent.
The CAPA average for the five years to SPA cohort stood at 7.4 per cent for the 12 months to 30.9.19.
The Aspire Master Trust took the highest level of risk, measured as volatility, over the period, delivering a return of 5.42 per cent.
The Scottish Widows Master Trust delivered the highest 5-year performance for the pre-retirement cohort in the period to 30.9.19, with an annualised return of 9.16 per cent, just ahead of L&G’s default on 9 per cent and The People’s Pension on 8.99 per cent.
The CAPA average for the five years to SPA cohort stood at 8.03 per cent over the period.