UK - Equity markets will outperform bonds in the medium-term now that fears of global deflation are receding, Standard Life Investments claims.
Chief investment officer Keith Skeoch said: “While we expect globalisation trends to keep downward pressures on the price of many consumer goods, the likelihood of global deflation is very low.”
HMRC has confirmed providers operating relief at source pension schemes can continue to collect automatic tax relief at a basic rate of 20% under new Scottish Income Tax rules.
The Pensions Regulator (TPR) is seeking "improved" powers to set a schedule of contributions in defined benefit (DB) schemes in the government's upcoming white paper, it has revealed.
New regulatory rules which require providers and advisers to produce annuity illustrations will not solve the problem of consumer detriment as they are "fundamentally" flawed, according to Retirement Advantage.
Paul Budgen is set to join financial technology and auto-enrolment (AE) firm Smart Pension as director of business development.