Standard annuity rates have fallen to their lowest levels since November 2012, with the pace of decline increasing since the turn of the year, according to data published by Moneyfacts. The rate payable for an average single-life standard annuity for a 65 year old with a £10,000 pot has fallen by 5.9 per cent in […]
Investment platform targets 1.4 million firms yet to hit staging dates.
While the T. Bailey Growth fund team has recently doubled the portfolio’s allocation to European equities, its managers insist the introduction of quantitative easing across the currency bloc was not behind the move. Looking at the decision to up the £178.8m portfolio’s allocation from circa 5 per cent at the start of the year to […]
HSBC’s threat to move its headquarters out of the UK have prompted secret talks between the Treasury and the Bank of England on plans to separate retail and investment banking. The Sunday Times reports talks are being held behind the scenes to try to keep HSBC and other major banks in the UK. The newspaper […]
Our latest policy paper reveals what the fall in the savings ratio does (and doesn’t) mean
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