The Treasury is looking at new gilt issues of 40 to 50 years following a consultation involving investors and gilt-edged market makers by the Debt Management Office. Any announcement on the subject will be made in the Budget this spring.
New Star Asset Management believes that individual inv-estors may be suffering significant losses because they are not regularly reviewing their portfolios. The firm carried out a survey in association with NMG among 617 investors regarding the frequency with which they review their portfolios. It found that 37 per cent of investors never review their investment […]
Loomis Sayles senior global economist James Balfour looks at the three main macro themes evident during October: a world lacking in demand; the strength of global market performance; and the required exit from profits recession. Click here
Savers are rushing to top-up their pensions amid fears chancellor Philip Hammond will deliver a further cut to the annual allowance in this month’s Budget, Zurich says. Cash flowing into pensions on Zurich’s investment platform soared 98 per cent in September compared to the annual average, the firm has found. The value of one-off pension […]
Every pound spent on financial education initiates can create more than £5 in social value, a new study finds. Research firm ERS examined the impact of “survival” money management workshops delivered to more than a thousand 16-25-year olds who were either not in work, full-time education or training, or had care responsibilities. They found that […]
Despite pressure to come down on the market like a ton of bricks, the FCA has taken a measured approach to improving standards Another week, another barrage of headlines about an FCA intervention on defined benefit pension transfers. The regulator’s latest missive focuses squarely on the standards and processes advisers employ when carrying out pension […]