"The best performing pension could produce more than three times more pension income than the worst performing one. The really bad news is that your pension fund is more likely to be amongst the bad than the good" The Observer
It has been shown from a number of surveys in recent years – including those from the Financial Services Authority – that a fund which performs well in one year is statistically more likely than average to perform well in future years.
More importantly, poor-performing funds in one year are even more likely to perform badly in future years.