Equity volatility will continue to challenge market stability this year with "mini-crises" likely to derail investment certainty, according to Allianz Global Investors Capital.
Low valuations and robust earnings growth will remain positive factors, but fear over public finances will suppress market sentiment, with global equities returning between 8% and 11% this year, it predicted....
This week's edition of Professional Pensions is out now
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.