United Kingdom
Investment | 12 Jul 16
ANALYSIS: Come what May, are the odds stacked against our new PM?
Market expectations are pricing in a 77% chance of a rate cut when the MPC meets on Thursday; there were similar odds on France beating Portugal in last Sunday’s Euro 2016 final.
Technology | 12 Jul 16
Just 12% of millennials use financial advisers, says fintech app Bud
Millennials are more likely to turn to robo-advice than a financial adviser for help with their personal finances, new research suggests.
Macro Views | 12 Jul 16
Sterling leaps as PM appointment soothes markets
Sterling leapt 1.4% today as markets welcomed the restoration of some stability in British politics following the referendum on European Union membership.
BofE considers new measures to halt property fund closures
The Bank of England is looking to impose new measures in a bid to stem the flow of property fund suspensions in the wake of last month’s Brexit vote.
Retirement | 11 Jul 16
DB to DC shift driving UK adviser business, portfolio size
Advisers expect the shift from defined benefit (DB) to defined contribution (DC) pensions to drive both the number of new business enquiries and the size of portfolios a new survey shows.