UK - Equities offer good value at their current levels, believes Tilney Investment Management.
Director Peter Bickley says with the rate of inflation predicted at 2.5% per annum, cash will halve in value over a span of 28 years.
Bickley – writing in the November issue of Tilney’s Economics and Strategy newsletter – added: “Remember that not only will the capital halve, the real value of the nominal rate of interest will do too.”
Bickley explained that investors must ask themselves three questions:
- Am I primarily a “natural” equity investor?
- What are the timescales?
- How do I feel about current valuations?
Bickley said: “Provided that the conditions of principles are satisfied – especially that the timescale for envisaged investment is not just short-term – then we see no deterrent to following the natural route of investment in equity.”
Morgan Stanley Investment Management managing director Laura Bottega was recognised at the Women in Pensions Awards. She tells Stephanie Baxter what has been key to her success.
Businesses are experiencing auto-enrolment data error rates of up to 50%, posing questions over the reliability of pension records, Pensionsync says.
A nationwide survey of committee and local pension board members of the Local Government Pension Scheme has revealed high levels of confidence in all areas of their responsibility.