Unprecedented monetary easing is shifting risk in the financial system from the banking sector to weaker pension funds, insurance companies and shadow banking, the International Monetary Fund warned last week.
The international agency said there could be "undesirable side-effects" from central bank policies which have pumped unprecedented amounts of cash into the economy through government bond-buying programmes....
Tim Banks has been named as a senior consultant in the fiduciary management arm of Mercer in a newly-created role.
Vassos Vassou has been hired by Dalriada Trustees to grow business in London and the South East.
AXA Life Invest has hired a regional sales manager and eight retirement specialists to be advisers’ first point of contact for the firm’s drawdown products.
Chief financial officers (CFOs) are concerned they may have to sell their defined benefit (DB) assets at reduced prices to meet pension payments according to Hymans Robertson.