Move to Stratford to cost regulator £60m in fit out costs The FCA is to spend £60m fitting out its new offices in Stratford. Board minutes released by the regulator say the FCA plans to start moving to its new offices in East London in May 2018 and out of its current Canary Wharf premises. […]
Macari brought in to drive strategy with non-tied advisers at Prudential Prudential has hired former Aegon platform strategy director Lou Macari to work on its distribution strategy with advisers. Macari left Aegon as it completed its acquisition of Cofunds in January. He had been with the provider for five years, and served a 12 year […]
There are several arguments that one could currently make for why credit markets look unattractive. These include signals that the US economy is in late cycle, the fact that corporate leverage has been increasing (with 2016 setting a record for the amount of global bond issuance), and that US high-yield default rates have risen considerably […]
Trevor Greetham, Head of Multi Asset In a marked contrast to the surge in risk sentiment that followed President Trump’s election in November, markets greeted Emmanuel Macron’s victory in the French presidential election with satisfaction and relief, rather than euphoria. After rallying strongly on opinion polls that accurately predicted the outcome, the euro held onto […]
The pace of change in the pension’s space has been little short of astonishing, and has left thousands of employers struggling to keep their pension policy compliant, and also on the right side of current best practice and governance. Many employers, and indeed many in the pensions industry itself, would like to see a period of no change during the next term of government. This would give all sides a chance to catch up and draw breath.
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