A former member of the Bank of England's (BoE) Financial Policy Committee (FPC) has dismissed the current strategy of forward guidance, saying it is not what the market wants.
Speaking at the Hermes Investment Conference, former FPC member and current lecturer at London Business School Robert Jenkins said the three things the Bank can offer are clarity, certainty and credibility....
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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.