Hermes Investment Management's head of fixed income Andrew Jackson has warned the Bank of England (BoE) could cut interest rates next year, with rates having a bigger impact now than ever before.
UK inflation stuck at 2.4% in May, missing analysts' estimates of a move higher and further cooling expectations on an interest rate hike from the Bank of England this summer.
Investment and law firms have the highest median gender hourly gender pay gaps out of nearly 100 pension-related firms reporting, James Phillips writes.
Respondents believe another rate rise is question of when, not if.
This week we want to know when you think the next UK base interest rise will occur and if investment consultants should take the lead on driving up cost disclosure.
The Bank of England's (BoE) decision to increase interest rates for the first time in over a decade has been welcomed by the industry, yet the move will only be "symbolic" for most defined benefit (DB) schemes.
The collective deficit of defined benefit (DB) schemes fell 28% over the month according to the Pension Protection Fund's 7800 index.