Market soothsayers reckon a bumper 11 months lie ahead and pension savers have been buoyed by the stock market’s best start to a year since 1989. This month, shares on the FTSE 100 have jumped 3%, adding thousands of pounds to pension’s values. It will be felt particularly by those a few years from retirement. It marks the largest January rise for the London’s top companies in the 23 years with in last week marking the best weekly gain since in 1989.

By 13 points, the Footsie was up again today to reach its highest level since in August. The Footsie is set for a break-out year, which can start to reverse the severe damage done to Britain’s pensions over the past 20 months, stock market historian David Schwarz said.

The stock market has risen in January 45 years out of 67 since 1945, Schwartz said. Some 37 times (82 per cent of cases) shares rise in the following 11 months. Last August, wild crashes saw the FTSE 100 lose £125billion in five days. The eurozone debt crisis continues to lurk in the background and hammered British pensions. The other analyst is looking ahead at 2012 point to positive signs.