UK - Equity markets retained their year-end vigour into January and edged higher in most areas, according to Britannic Asset Management.
The fund manager said economic data continued to buoy investors’ sentiment and some economically sensitive areas were among the best performers.
Britannic said: “Bond markets have also made a positive start to the year – yields drifted lower as there seemed to be no sign of a global rise in interest rates on the horizon.”
The Pension Protection Fund (PPF) is consulting on proposals to charge a "risk reflective" levy for commercial defined benefit (DB) consolidation vehicles.
The funding gap across FTSE 350 schemes could be slashed by as much as £275bn if schemes look beyond traditional ways of creating value. Victoria Ticha examines how
There will be "many flavours" of defined benefit (DB) consolidators but consolidation will only be the right answer for a minority of schemes, Alan Rubenstein says.
Work and Pensions Committee (WPC) chairman Frank Field has questioned the regulator on what lessons it can learn from the experience of the Kodak Pension Plan No.2 (KPP2).