GLOBAL - Equities will continue to perform poorly next year despite signs of market stability, State Street Global Advisors predicts.
Head of quantitative developed markets, global active equity, Michael Schoeck said markets were still too reliant on US consumer spending.
He said that with Japan and Germany struggling, more “economic pain” is likely before an upturn occurs.
UK inflation unexpectedly rose to 2.7% in August, beating analysts' expectations of a drop to 2.4% from 2.5% the previous month.
The Pensions Advisory Service (TPAS) helped 187,000 people in 2017/18, a 9% fall on the previous year despite setting up special helplines for specific scheme members.
The Liberal Democrat party has passed a motion pledging to cap tax-free lump sums under Freedom of Choice at £40,000 if elected into government.