UK

Investment Association (IA) UK gilt funds were the only fund sector to deliver positive returns in a "horror show" March, which saw the ongoing impact of the coronavirus pandemic decimate the performance of most IA-registered vehicles.

The Bank of England has maintained the historic low 0.1% base rate and predicted a gloomy economic outlook for the UK in the face of the Covid-19 pandemic.

St James's Place, Columbia Threadneedle, BMO Global Asset Management, Legal and General Investment Management, Aberdeen Standard Investments, Kames Capital and Janus Henderson have all suspended their open-ended UK property vehicles due to valuation concerns...

Kames Property Income and its feeder funds have been forced to suspend as a result of current “turbulent market conditions” making it impossible to accurately value property holdings, Professional Pensions' sister title Investment Week has learned.

The new All-Party Parliamentary Group (APPG) on Pension Scams has had its inaugural meeting in parliament to outline its priorities for boosting public awareness around scam risks.

First budget of this parliament

The Bank of England (BoE) has implemented an emergency cut in interest rates by 50 basis points in an attempt to stave off the “economic shock” of the coronavirus.

The UK Sustainable Investment and Finance Association (UKSIF) says pension scheme trustees are failing to comply with their investment duties around ESG and need government intervention to get back on track.

The number of remuneration-related resolutions that received significant levels of dissent during the 2019 AGM season was at a five-year high, according to the Pensions and Lifetime Savings Association (PLSA).

Legal & General (L&G) has launched an online annuity searching tool, allowing consumers to compare rates across six leading providers.