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.”
MPs failed to place legislation into the Financial Guidance and Claims bill that would have made pension guidance default, which Just Group director Stephen Lowe said left a "bitter taste".
Aegon has called for the government to double the tax exemption on employer-arranged pension advice, up from £500 to £1,000.
Institutional investor confidence in Europe rose by 8.9 points in April with each region showing growing appetite for risk, according to State Street Global Exchange.
It has again been suggested self-employed workers could enjoy pension provision through the tax return process. James Phillips explores the latest proposals.