UK - Investors must accept the investment world has changed and will never be the same, Isis Asset Management claims.
But Isis insists equities still offer good long-term value – despite market volatility.
Chief investment officer Robert Talbut said: “We have been warning investors for some time that the investment environment many came to know has simply evaporated.
“That doesn’t mean investors should put their heads in the sand. Investors need to come to terms with today’s higher volatility, to accept it is all part of today’s lower inflation environment and to realise equities still represent a good longer-term investment.”
PwC, KPMG, EY and Deloitte must break up their consultancy and audit businesses into distinct firms to provide greater focus on the "most challenging and objective audits", the competition watchdog has said.
The Department for Work and Pensions (DWP) has released its first batch of guidance setting out how the guaranteed minimum pension (GMP) conversion legislation may be used to resolve unequal payments.
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