ABI, NAPF and the Trade Union Congress back commission to tackle short-termist political approach to retirement saving.
Prime Minister David Cameron has been warned accelerating the deadline for an EU referendum could undermine efforts to seek reform to the existing settlement, the FT reports. The Conservatives have promised an in/out referendum in 2017, although some – including Labour leadership candidate Andy Burnham – want Cameron to accelerate the timetable to reduce uncertainty. […]
Natixis Global Asset Management has seen a net income increase of 25 per cent to €331m (£246m) in the first quarter of 2015, helped by new net inflows in its asset management unit. The group saw a record €19bn of net inflows in the asset management business of which €8bn was in Europe and €11bn […]
Embattled asset manager Pimco has suffered another blow following the news global head of equities Virginie Maisonneuve is to leave the firm. Maisonneuve joined Pimco in 2014, having been hired by former chief executive Mohamed El-Erian, but will now be leaving the firm, according to reports from the Financial Times. Douglas Hodge, Pimco’s chief executive, says […]
Even over the long term, real interest rates aren’t expected to rise much above 1 per cent. So where may investors find income? James Foster and Jacob de Tusch-Lec, co-managers of the Artemis Monthly Distribution Fund, examine the opportunities Last December, the Bank of England asked two big questions. First: how far have ‘real’ interest […]
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