Opinion

Ultra-low interest rates are not going away

Our new Theresa May-led Conservative government seems to be engaged in a classic example of kitchen sink revisionism, steadily ditching a whole series of commitments made by its predecessor.

The FCA's latest review is on so-called Retirement Outcomes, which is designed to see how the retirement income market is developing on the back of pension freedoms.

Now the immediate fallout from the Brexit vote is behind us, the investment industry is beginning to think about the longer-term impact of the UK's decision to leave the EU.

So much for the old adage that investors should 'sell in May and go away'. Markets seem to be in an almost euphoric mood, having survived a near brush with death over Brexit.

Ten years co-managing Recovery fund

The term 'inducement' is being used as a substitute for the word 'bribe', and yet it seems unthinkable any adviser places business purely as a 'thank you' for a day at the cricket, writes Lawrence Gosling.

There is no doubt the principal immediate consequence of the Brexit vote has been a further increase in uncertainty.

A couple of weeks back, I found myself spending a lovely afternoon with an old friend who says he works in emerging markets investing but looks suspiciously like someone who works for the CIA.

Providers could adopt 'loss leader' approach