The UK government will remove tax restrictions on people who want to sell the income stream from an existing annuity from 6 April next year, effectively giving them similar freedoms as those soon to be enjoyed by those in defined contribution savings plans.
When investing in UK infrastructure debt, the public sector is always the best bet, says GCP Infrastructure Investments Stephen Ellis
A rising tide of Chinese middle-class consumer spending encourages investment despite recent negative economic figures, says Fidelity Worldwide Investments Dale Nicholls.
Prudential is to invest £50m a year into a host of “critical” new products as it attempts to consolidate a 42% drop in annuity sales resulting from the pension reforms in this year’s Budget.
Three products listed on the LSE offer investors exposure to the UK, US and Japan.
Ratings agency Moody’s has cut Portugal’s long-term government debt to below investment grade.
Moody’s has warned of a possible downgrade of its triple-A rating of US government debt.
iShares has added an emerging market local goverment bond fund to its fixed income ETF range
