If last year, the biggest concern was rising interest rates, today interest rates are at their lowest level in history and the government is doing all it can to get the UK economy through the crisis. This means the outlook for inflation and interest rates has changed drastically from this time last year.
Since 2015, the retirement landscape has shifted with new government rules around pension freedoms allowing individuals more choice in how and when they access their retirement savings.
So far, the defining factor of 2020 has been its uncertainty. After COVID-19 caught the world by surprise, the pandemic quickly grew into an unprecedented global crisis. Governments, populations and businesses have been forced to adapt to the new ‘normal’,...
Governments have proposed a raft of initiatives to protect businesses and their employees from the impact of the coronavirus pandemic, while banks are being used to inject liquidity into the economy – something that will have material implications for credit markets. In the latest edition of 360°, our fixed-income quarterly report, we discuss the impact of these changes and take a closer look at the structured-credit market.