Date: 02.02.2015

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Pension funds in Bulgaria posted above-average returns in the past 24 months, the Financial Supervision Commission (FSC) said in a statement. None of the schemes dropped below the minimum rate of return set by the watchdog, and none exceeded the cap projected by the regulator. The average annual rate of return of the most common universal funds was 5.12% in the period against the yield of 5.32% registered by professional schemes. Since they are least regulated, voluntary pension funds outperformed the lot, scoring 6.4% returns on average.