| TABLE 1 | |||||||||
| INVESTMENT PERFORMANCE AND RELATED STATISTICS - 1986 - 2007 | |||||||||
| Changes in periods | Inflation: | Tracker fund | Median pension | Gilts fund | Cash Deposits | ARPI | |||
| Prices | Earnings | fund | (annuity cost) | ||||||
| 1986 | 3.7% | 7.2% | 26.4% | 25.5% | 11.2% | 12.2% | 12.8% | ||
| 1987 | 3.7% | 8.8% | 7.4% | 4.1% | 16.0% | 11.0% | -10.2% | ||
| 1988 | 6.8% | 10.4% | 10.6% | 11.8% | 10.8% | 9.8% | 0.8% | ||
| 1989 | 7.7% | 7.3% | 34.6% | 28.3% | 5.9% | 10.3% | 21.1% | ||
| 1990 | 9.3% | 10.2% | -10.1% | -13.2% | 3.0% | 14.0% | -15.7% | ||
| 1991 | 4.5% | 6.0% | 20.0% | 14.4% | 20.1% | 14.8% | -4.7% | ||
| 1992 | 2.6% | 4.8% | 19.6% | 18.6% | 16.2% | 11.6% | 2.0% | ||
| 1993 | 1.9% | 2.8% | 27.2% | 29.5% | 35.3% | 9.7% | -4.3% | ||
| 1994 | 2.9% | 4.1% | -6.4% | -5.7% | -13.3% | 5.9% | 8.8% | ||
| 1995 | 3.2% | 2.7% | 22.4% | 17.2% | 19.8% | 5.5% | -2.2% | ||
| 1996 | 2.5% | 4.3% | 15.3% | 10.3% | 10.3% | 6.1% | 0.0% | ||
| 1997 | 3.6% | 5.0% | 22.7% | 14.2% | 21.0% | 6.9% | -5.6% | ||
| 1998 | 2.8% | 4.3% | 13.1% | 12.7% | 31.0% | 7.4% | -14.0% | ||
| 1999 | 1.8% | 5.5% | 23.4% | 22.0% | 1.0% | 5.5% | 20.8% | ||
| 2000 | 2.9% | 4.5% | -6.4% | -2.6% | 8.5% | 6.1% | -10.3% | ||
| 2001 | 0.7% | 3.1% | -13.7% | -11.5% | -1.1% | 5.5% | -10.6% | ||
| 2002 | 2.9% | 3.8% | -23.0% | -18.6% | 11.7% | 4.0% | -27.2% | ||
| 2003 | 2.8% | 3.6% | 20.0% | 16.0% | 1.0% | 3.7% | 14.9% | ||
| 2004 | 3.5% | 4.5% | 12.1% | 9.3% | 8.2% | 4.5% | 1.0% | ||
| 2005 | 2.4% | 4.0% | 21.1% | 20.2% | 10.7% | 4.6% | 8.5% | ||
| 2006 | 4.4% | 4.0% | 15.9% | 10.6% | -0.9% | 4.6% | 11.6% | ||
| 2007 (8 months) | 2.5% | 3.0% | 2.8% | 1.7% | -0.7% | 3.6% | 2.4% | ||
| 10y Average to 2006 | 2.8% | 4.2% | 7.2% | 6.4% | 8.7% | 5.3% | -2.1% | ||
| 25y Average to 2006 | 3.8% | 5.8% | 13.3% | 11.5% | 12.0% | 8.8% | -0.4% | ||
| Averages | gilts yld | ilgs yld | div | ||||||
| 10 years | 5.0% | 2.1% | 2.9% | 15 y to 2005 | 6.7% | ||||
| 25 years | 7.8% | 3.8% | 10 y to 1990 (B&W) | 12.1% | |||||
| 25 year average | 8.9% | ||||||||