Fund managers have warned investors to expect "forceful action" from the Bank of England in August after it held interest rates at 0.5% today, as well as criticising governor Mark Carney for wrong-footing markets by raising expectations of an immediate post-Brexit rate cut.
Their reaction comes after the Bank of England (BoE) left interest rates at 0.5% and made no change to its £375bn quantitative easing programme, despite economic pressures in the wake of the UK's decision...
An added tier of asset management can of course deliver additional benefits for certain investors, writes Graham Bentley - just be sure you can justify it to the regulator and, especially, the client
The government is "in daily contact" with industry figures over the pensions dashboard as it prepares for the roll-out and its feasibility report, Guy Opperman has said.
Organisation led by Johnny Timpson
From 1 April 2019
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