The UK inflation rate rose 0.5% in June, a higher rate than the 0.3% reported in May, indicating inflation is back on an upward trend towards the 2% target, said economists.
According to the Office for National Statistics, the Consumer Prices Index (CPI) rose by 0.5% in the year to June, a little above the position seen for most of this year, although still relatively low...
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PARTNER INSIGHT: For many advisers, outsourcing to a multi-manager or discretionary fund manager makes sense, allowing them to focus on the adviser-client relationship
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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