I currently hold one old (now frozen) and one current (regular monthly contributions) defined contribution pension schemes. The old one is 100% global equities, the current one is around 80% global equities, 20% bonds.
After stripping out both employer & employee contributions in 2012, the combined value of the 2 schemes has increased by around 12.6%, up to the middle of December. Normally i'd be quite happy with this level of return, but i've had a feeling for some time these schemes have been under-performing the major global indices.
In light of this i thought i'd do a quick spot check of the US, UK, HK & Eurostoxx indices' YTD performance to see how my pensions have performed:
UK up 6.4%
US up 12.8%
EUR up 12.8%
HK up 21%
The results are better than i thought, with my pensions performing broadly in line with the major equities indices. I do have the ability to vary both the asset allocation, and also to some extent the geographic composition of the schemes, and i plan to critically review and more actively manage these variables in 2013 where i feel changes are appropriate.