Defined benefit (DB) transfer values fell sharply during September, returning to levels seen in early August, according to Xafinity's transfer value index.
The value of Xafinity's hypothetical pension reduced by 4% throughout September from £240,000 in the first week to £230,000 by the end of the month. The difference between the maximum and minimum readings...
Investors have largely avoided financials over the past 10 years, with the share prices of US and European banks having largely stood still relative to broader markets since 2007. But while banks won't return to their record valuations any time soon (and...
Steps already taken
Increasingly diverse sector
First of planned acquisitions
Feedback from first year