UK FIXED income managers remain cautious about the outlook for bonds following "dismal" year-to-date returns, rating agency Standard & Poor's says.
The average UK gilt fund made reasonable returns of 3.3pc and the average UK fixed income fund 2.8pc during Q3. But year-to-date, these figures plummet to 0.9pc and 0.7pc. S&P fund analyst Alison Cratchley...
Life expectancy in the UK saw no improvement between 2015 and 2017 as the number of people aged over 90 hit a record high, latest Office for National Statistics (ONS) data reveals.
Self-administered pension funds spent £14bn on payments to pensioners in Q2 2018, but only received £11.4bn of contributions (net of refunds), latest Office for National Statistics (ONS) data reveals.
The Pensions and Lifetime Savings Association (PLSA) has named the 17 members of its inaugural policy board after a competitive application process with 60 candidates.