The combination of low inflation growth and excess liquidity following the ECB’s quantitative easing programme has distorted bond valuations, with some short-duration instruments now offering negative returns. At the beginning of March nearly $3.85trn (£2.56trn) or 17 per cent of developed market global government bonds traded at negative yields, according to Columbia Threadneedle Investments. In […]
Increasing auto-enrolment contributions, reforming tax relief and extending new guidance service Pension Wise should be priorities for the new pensions minister, say industry experts. This week former Saga director general and older workers’ champion Ros Altmann was appointed pensions minister as part of the Government’s reshuffle. The pensions industry wasted no time in setting out […]
Tisa has established an industry-wide group focused on technology innovation in financial services and how it can be used to change consumer behaviour. The group will work closely with Tisa’s other policy councils to determine where technology can be most effective in increasing the level of savings in the UK. The technology innovation council will […]
Annuity rates at lowest level for at least two years.
To a lot of people, the concept of a trust carries an air of mystery. According to Canada Life’s most recent IHT survey, trusts were the second most unpopular estate planning tool, with 40 per cent saying they had no intention of using them. Nineteen per cent said setting up a trust was too time-consuming or […]
- Top trends
News and expert analysis straight to your inboxSign up