The Bank of England’s monetary policy committee (MPC) has voted by a majority of 7-2 to maintain the interest rate at 0.75%.
This leaves inflation at 1.7% - under the bank's 2% inflation target - with the bank also lowering forecasts for domestic economic growth up to the end of 2022. Seven Investment Management strategist...
The launch of two accreditation regimes for professional trustees into the industry at the same time is both unnecessary and confusing, says Dalriada Trustees.
Barnet Council has appointed West Yorkshire Pension Fund (WYPF) to replace Capita to administer its local government pension scheme (LGPS).
Further reforms to pension freedoms are needed to ensure the long-term success and sustainability of pension freedoms, according to the Association of British Insurers (ABI).
Professional Pensions has collaborated with BMO Global Asset Management on a new piece of research covering how smaller pensions schemes are affected by the CMA’s fiduciary management reforms.