10/09/2020
For the past five years, the geographical asset allocation of the group has barely budged, and domestic holdings have remained stuck at about 30%, compared with 23% in Europe and 22% or less in North America.
10/09/2020
Then many regions, including the UK, reintroduced measures to slow an increasing coronavirus infection rate towards the end of the quarter, and we saw noticeable falls in some markets.
10/08/2020
So the impact of the crisis on the financial advice industry goes beyond market volatility and its impact on investments - redefining, perhaps permanently, the role advisers play in their client’s lives.
10/07/2020
“While it is reassuring to see business volumes begin to stabilise in a sector so vital for the UK’s recovery, financial services isn’t out of the woods just yet,” Rain Newton-Smith, the CBI’s chief economist, said.
10/06/2020
The main risk for savers is that, if rates do go negative, the return on cash – already paltry – could also turn negative. At the very least, negative rates would mean they are unlikely to rise anytime soon.
10/05/2020
"The difficult bit, which involves member states assuming legal liability for each other’s debt, has not yet been completed.