The Bank of England's Monetary Policy Committee has unanimously voted to increase interest rates by 25 basis points to 0.75%, the highest level in almost a decade.
Despite the weaker-than-anticipated CPI inflation at 2.4% in June, the MPC minutes said inflation would remain above target for the forecast period. The MPC added there was a "very limited degree" of...
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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