Chet Velani takes a look at Liz Truss's economic policies and asks if they were really that bad for investors...
The spectacular, indeed unprecedented, bond market storm that followed September's Mini-Budget hit fund prices hard and, worryingly, low-risk funds hardest. Given the negative coverage of ‘Trussonomics' in general and its impact on pension funds in particular, you might be surprised to learn that it has not all been bad news for investors. ‘Trussonomics', the name coined for the economic policies advocated by former prime minister Liz Truss and ex-chancellor Kwasi Kwarteng was intended to promote growth through a cocktail of tax cuts and spending promises. It is fair to say that it di...
To continue reading this article...
Join Professional Adviser
- Unlimited access to real-time news, industry insights and market intelligence.
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters.
- Make smart business decisions with the latest developments in regulation, investing retirement and protection.
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes.