UK - Economists have become more hawkish about UK interest rate rises, research by bfinance shows.
The electronic finance marketplace provider said a consensus of economists employed by international banks predicts that the Bank of England will have raised rates by 0.75 percentage points within six months.
Some economists believe rates could rise to 5% by the end of the year.
PTL has appointed Karein Davie as a client director in its Birmingham office.
The level of interest rate hedging increased to £29.5bn of liabilities in the second quarter as pension funds continued to de-risk, according to BMO Global Asset Management's research.
UK inflation has risen for the first time since November to 2.5% in July, up from 2.4% in June, thanks to rising fuel costs and the price of computer games.
The number of DB pension scheme trustees targeting a buyout with an insurer has increased significantly in the past five years, latest research from Willis Towers Watson shows.