Aon Hewitt Facts & Figures Risk. Reinsurance. Human Resources. Empower Results
In this document... Facts & Figures Contents Financial Markets 3 6 > jump to Earnings and Inflation 7 > jump to Miscellaneous 8 > jump to Contact Us 9 > jump to Notes 9 > jump to This button normally prints the whole document. If you want to print just the page you are on, set your print options to Current View or Current Page after clicking the Print button. 2
Financial Markets FTSE(TM) UK Index Series j Dec 2013 Jan 2014 Feb 2014 Mar 2014 Apr 2014 May 2014 Jun 2014 Jul 2014 Aug 2014 Sep 2014 Oct 2014 Nov 2014 FTSE(TM) Actuaries All-Share Index 3609.63 3496.51 3666.66 3555.59 3619.83 3655.01 3600.19 3585.60 3629.54 3533.93 3503.46 3593.32 FTSE(TM) Actuaries All-Share Total Return Index 5385.63 5220.99 5494.65 5351.52 5467.20 5541.93 5471.17 5454.81 5572.21 5417.89 5380.70 5537.72 FTSE(TM) 100 Index 6749.09 6510.44 6809.70 6598.37 6780.03 6844.51 6743.94 6730.11 6819.75 6622.72 6546.47 6722.62 FTSE(TM) 100 Total Return Index 4920.23 4750.05 4989.17 4858.11 5008.21 4920.23 5013.61 5007.81 5110.75 4968.88 4919.51 5071.33 FTSE(TM) World Index Series j Dec 2013 Jan 2014 Feb 2014 Mar 2014 Apr 2014 May 2014 Jun 2014 Jul 2014 Aug 2014 Sep 2014 Oct 2014 Nov 2014 FTSE(TM) All World Ex UK Index 241.99 232.10 239.93 242.75 240.96 247.76 247.76 246.86 259.86 254.27 259.84 269.69 FTSE(TM) All World Ex UK Total Return Index 327.75 317.29 325.37 330.05 328.17 328.25 338.69 339.07 352.87 350.70 358.72 372.99 FTSE(TM) World Ex UK Index 426.35 412.70 422.67 427.44 424.36 434.80 434.49 433.42 450.66 447.04 456.50 474.19 FTSE(TM) World Ex UK Total Return Index 753.40 730.10 749.36 759.85 756.27 778.07 778.81 777.89 810.66 805.69 823.59 857.09 Source: FTSE(TM). 3
Financial Markets Currencies j Dec 2013 Jan 2014 Feb 2014 Mar 2014 Apr 2014 May 2014 Jun 2014 Jul 2014 Aug 2014 Sep 2014 Oct 2014 Nov 2014 1 Sterling = US $ 1.630 1.644 1.676 1.667 1.689 1.677 1.700 1.688 1.661 1.621 1.600 1.566 1 Sterling = Japanese Yen 173.48 167.62 171.03 171.70 172.48 170.64 173.19 173.61 172.52 177.85 179.33 185.90 1 Euro = Sterling k 0.834 0.821 0.826 0.828 0.823 0.813 0.802 0.793 0.795 0.777 0.784 0.795 Bank of England Effective Sterling Index l 85.01 85.87 86.26 85.90 86.78 86.84 88.27 88.50 87.82 88.34 87.76 86.66 Bank of England Bank Rate n Dec 2013 Jan 2014 Feb 2014 Mar 2014 Apr 2014 May 2014 Jun 2014 Jul 2014 Aug 2014 Sep 2014 Oct 2014 Nov 2014 (%) 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 Returns Over 12 Months jm Dec 2013 Jan 2014 Feb 2014 Mar 2014 Apr 2014 May 2014 Jun 2014 Jul 2014 Aug 2014 Sep 2014 Oct 2014 Nov 2014 Cash Deposits (%) 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.46 0.41 0.53 0.54 0.54 Long Gilts (%) -5.93 0.63-0.22-3.24-4.13 1.97 5.32 6.72 14.77 11.41 12.13 20.64 Index-linked Gilts (%) 0.54-1.68-1.50-4.26-3.81 0.31 3.90 4.46 10.36 8.79 8.88 15.10 UK Equities (%) 20.81 10.10 13.29 8.93 10.52 8.86 13.12 5.61 10.33 6.09 1.03 4.71 Sources: FTSE(TM), Bank of England, European Central Bank, Mellon Analytical Solutions, Aon. 4
Financial Markets FTSE(TM) Gilt Index Series j Dec 2013 Jan 2014 Feb 2014 Mar 2014 Apr 2014 May 2014 Jun 2014 Jul 2014 Aug 2014 Sep 2014 Oct 2014 Nov 2014 Fixed Interest Gilts Over 15 year Index 247.28 254.15 253.66 253.93 257.19 258.38 257.01 261.87 277.65 273.58 278.33 291.49 Fixed Interest Gilts Over 15 year Total Return Index 3362.46 3467.53 3474.31 3477.89 3522.58 3577.40 3558.50 3638.18 3871.02 3814.34 3880.57 4102.39 Index-linked Gilts Over 5 year Index 470.79 478.37 478.62 486.50 491.01 496.48 490.77 495.13 524.18 518.72 528.46 557.00 Index-linked Gilts Over 5 year Total Return Index 3418.19 3478.83 3480.62 3539.90 3575.24 3621.77 3580.06 3617.30 3829.55 3791.75 3865.37 4080.84 Yields and Interest Rates j Dec 2013 Jan 2014 Feb 2014 Mar 2014 Apr 2014 May 2014 Jun 2014 Jul 2014 Aug 2014 Sep 2014 Oct 2014 Nov 2014 UK Gilts 5 Year (%) # 1.95 1.75 1.76 1.83 1.83 1.78 1.97 1.96 1.67 1.75 1.54 1.27 UK Gilts 10 Year (%) # 2.99 2.72 2.74 2.76 2.75 2.65 2.76 2.71 2.36 2.44 2.27 1.96 UK Gilts 15 Year (%) # 3.42 3.16 3.17 3.17 3.16 3.06 3.14 3.05 2.70 2.78 2.66 2.35 UK Gilts 20 Year (%) # 3.57 3.34 3.35 3.35 3.34 3.26 3.31 3.21 2.86 2.95 2.85 2.55 Index-linked Over 5 Years 0% Inflation (%) # 0.07 0.02 0.00-0.05-0.09-0.13-0.08-0.12-0.12-0.32-0.40-0.64 Index-linked Over 5 Years 5% Inflation (%) # 0.03-0.03-0.04-0.10-0.13-0.17-0.12-0.16-0.16-0.37-0.44-0.68 FTSE(TM) Actuaries All-Share Actual Yield (%) 3.28 3.38 3.31 3.41 3.35 3.32 3.27 3.30 3.30 3.34 3.37 3.31 3-month Interbank Rate (mid) (%) 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 # FTSE(TM) British Government Stocks Yield Indices Source: FTSE(TM) 5
Financial Markets Non-gilt iboxx AA Yieldsj Dec 2013 Jan 2014 Feb 2014 Mar 2014 Apr 2014 May 2014 Jun 2014 Jul 2014 Aug 2014 Sep 2014 Oct 2014 Nov 2014 1-3 Years (%) 1.1718 1.0939 1.1058 1.1509 1.0963 1.1152 1.3382 1.3500 1.2149 1.2461 1.1328 1.0117 3-5 Years (%) 1.9620 1.8129 1.8530 1.9341 1.8904 2.0360 2.1483 2.1420 1.8708 1.9466 1.7346 1.5438 5-7 Years (%) 3.0588 2.7902 2.7955 2.8358 2.7507 2.7316 2.8019 2.8090 2.4897 2.5576 2.3674 2.0973 7-10 Years (%) 3.6398 3.3469 3.3617 3.4097 3.3303 3.8399 3.4472 3.3416 3.0146 3.0535 2.9097 2.6280 10-15 Years (%) 4.1248 3.8210 3.8761 3.9185 3.8524 3.7314 3.8092 3.7385 3.3845 3.4606 3.3264 3.0319 Over 10 Years (%) 4.3051 4.0780 4.0944 4.1453 4.0676 4.0831 4.0204 3.9230 3.5746 3.4606 3.6061 3.3359 Over 15 Years (%) 4.3386 4.1416 4.1447 4.1938 4.1168 4.0130 4.0652 3.9609 3.6123 3.6698 3.6619 3.3979 All Coupons (%) 3.9339 3.6927 3.7058 3.7440 3.6801 3.5901 3.6885 3.6039 3.2776 3.3584 3.2758 3.0182 Corporate iboxx AA Yieldsj Dec 2013 Jan 2014 Feb 2014 Mar 2014 Apr 2014 May 2014 Jun 2014 Jul 2014 Aug 2014 Sep 2014 Oct 2014 Nov 2014 1-3 Years (%) 1.3281 1.2241 1.1816 1.2016 1.1547 1.3281 1.2881 1.3099 1.1559 1.1236 1.3452 1.2332 3-5 Years (%) 2.2487 2.0172 2.0685 2.1449 2.0757 2.2487 2.2398 2.2494 1.9711 2.0842 1.9033 1.7211 5-7 Years (%) 3.1180 2.8568 2.8680 2.9118 2.8297 3.1180 2.9001 2.9244 2.6011 2.6744 2.4962 2.2735 7-10 Years (%) 3.7511 3.3527 3.3836 3.4200 3.3269 3.7511 3.4027 3.3953 3.0258 3.0922 2.9537 2.6636 10-15 Years (%) 4.1840 3.9941 3.9604 4.0023 3.9506 3.8399 3.9720 3.9070 3.6345 3.7065 3.5775 3.2933 Over 10 Years (%) 4.3982 4.2058 4.1888 4.2617 4.1887 4.0831 4.1492 4.0625 3.7278 3.8203 3.7763 3.5342 Over 15 Years (%) 4.4228 4.2325 4.2176 4.2946 4.2185 4.1133 4.1660 4.0770 3.7370 3.8330 3.7985 3.5607 All Coupons (%) 4.0313 3.8013 3.7921 3.8646 3.8062 3.7101 3.7988 3.7314 3.4187 3.5021 3.4465 3.2126 Source: iboxx 6
Earnings and Inflation Average Weekly Earnings Index o Dec 2013 Jan 2014 Feb 2014 Mar 2014 Apr 2014 May 2014 Jun 2014 Jul 2014 Aug 2014 Sep 2014 Oct 2014 Nov 2014 Not seasonally adjusted, including bonuses and arrears 149.7 150.5 158.1 163.7 150.4 149.0 151.0 148.1 147.1 147.9* Average Weekly Earnings Annual Increase o Dec 2013 Jan 2014 Feb 2014 Mar 2014 Apr 2014 May 2014 Jun 2014 Jul 2014 Aug 2014 Sep 2014 Oct 2014 Nov 2014 Not seasonally adjusted, including bonuses and arrears 1.8 1.6 2.4 1.9-1.2 0.7 0.6 0.6 0.9 1.5* Price Inflation Indices Dec 2013 Jan 2014 Feb 2014 Mar 2014 Apr 2014 May 2014 Jun 2014 Jul 2014 Aug 2014 Sep 2014 Oct 2014 Nov 2014 RPI p 253.4 252.6 254.2 254.8 255.7 255.9 256.3 256.0 257.0 257.6 257.7 RPIX q 252.8 251.9 253.6 254.3 255.2 255.4 255.4 255.5 256.5 257.1 257.2 CPI r 127.5 126.7 127.4 127.7 128.1 128.0 128.3 127.8 128.3 128.4 128.5 Price Inflation Annual Increase Dec 2013 Jan 2014 Feb 2014 Mar 2014 Apr 2014 May 2014 Jun 2014 Jul 2014 Aug 2014 Sep 2014 Oct 2014 Nov 2014 RPI (%) p 2.7 2.8 2.7 2.5 2.5 2.4 2.6 2.5 2.4 2.3 2.3 RPIX (%) q 2.8 2.8 2.7 2.5 2.6 2.5 2.7 2.6 2.5 2.3 2.4 CPI (%) r 2.0 1.9 1.7 1.6 1.8 1.5 1.9 1.6 1.5 1.2 1.3 * Provisional data Source: Office for National Statistics Note: In December 2010, the Office for National Statistics introduced the Average Weekly Earnings (AWE) as a replacement measure for the Average Earnings Index (AEI). From December 2010, the AWE data set is published based on the 2007 Standard Industrial Classification (SIC 2007). All historic values have been re-set. 7
Miscellaneous Aon Pension Risk Tracker j FTSE(TM)100 Companies Dec 2013 Jan 2014 Feb 2014 Mar 2014 Apr 2014 May 2014 Jun 2014 Jul 2014 Aug 2014 Sep 2014 Oct 2014 Nov 2014 Accounting Assets ( bn) 495.2 493.5 506.2 500.6 507.8 513.8 511.8 512.8 531.1 521.6 524.2 543.3 Accounting Liabilities ( bn) 528.4 535.7 538.0 538.5 549.4 551.8 549.0 560.6 593.9 585.6 590.2 617.0 Wind-up Assets ( bn) 493.0 491.2 504.0 498.3 505.5 511.6 509.6 510.5 528.8 519.3 521.9 541.0 Wind-up Liabilities ( bn) 692.2 708.7 710.6 720.1 722.6 721.3 718.4 733.5 779.2 770.1 786.3 831.1 FTSE(TM)250 Companies Dec 2013 Jan 2014 Feb 2014 Mar 2014 Apr 2014 May 2014 Jun 2014 Jul 2014 Aug 2014 Sep 2014 Oct 2014 Nov 2014 Accounting Assets ( bn) 64.8 64.4 66.3 65.3 66.4 67.1 66.9 66.9 69.2 67.8 67.9 70.3 Accounting Liabilities ( bn) 69.2 70.1 70.4 70.5 71.9 72.2 71.8 73.3 77.6 76.5 77.1 80.5 Wind-up Assets ( bn) 64.6 64.2 66.1 65.1 66.1 66.9 66.7 66.7 68.9 67.5 67.7 70.1 Wind-up Liabilities ( bn) 88.8 90.9 91.1 92.3 92.6 92.4 92.0 93.9 99.7 98.5 100.5 106.2 Source: Aon s Pension Protection Fund 7800 Index* j Dec 2013 Jan 2014 Feb 2014 Mar 2014 Apr 2014 May 2014 Jun 2014 Jul 2014 Aug 2014 Sep 2014 Oct 2014 Nov 2014 Aggregate Assets ( bn) 1133.0 1130.4 1148.6 1148.2 1154.5 1170.8 1167.3 1173.1 1207.5 1197.5 1198.5 Aggregate Liabilities ( bn) 1160.5 1206.8 1209.8 1281.1 1266.8 1289.0 1276.3 1295.8 1378.0 1364.0 1363.5 Aggregate Balance ( bn) -27.6-76.5-61.2-70.0-112.3-118.2-109.0-122.7-170.6-166.5-164.9 Source: Pension Protection Fund u Please note: data has been revised since last issue of Facts & Figures. 8
Contact Us If you have any questions or comments about this publication, please e-mail facts.figures@aonhewitt.com Notes j The figures shown are for the close of business on the last working day of the month, or the last day for which data was available k The Euro to Sterling exchange rate is available free of charge from www.ecb.int l The Effective Index, which measures Sterling against currencies of developed countries m The returns that single lump sum investments of each type would have produced over the previous 12 months, assuming all income is re-invested n The rate as set by The Bank of England s Monetary Policy Committee, which meets during the first half of each month o The Average Weekly Earnings (AWE) measure, covering the whole economy in Great Britain p The Retail Prices Index, all items (RPI) (i.e. the headline rate) q The Retail Prices Index, all items excluding mortgages (RPIX) (i.e. the underlying rate) r The Consumer Prices Index (CPI), previously called the Harmonised Index of Consumer Prices s Full data and charts can be found at www.aon.com/pensionrisktracker u A full explanation of this index can be found at www.pensionprotectionfund.org.uk/ www.aon.com @aonhewittuk 2014 Aon 9 SB4548