What’s happening
When UK fixed income yields are down, where to turn?
2 mins with… Katharine Photiou, Head of Workplace Savings – Product & Proposition, Legal and General Investment Management
In this 2 minutes with segment, we grill Katharine Photiou, Head of Workplace Savings, Product and Proposition at Legal and General Investment Management and a panellist at the recent MRM event on the role of the workplace in closing the savings gap.
One week of markets in one minute: Central bank jitters, nukes, and sliding shares
A series of key meetings for central banks this week – including the monthly update from the European Central Bank – combined with weak economic data, panic over North Korea’s nuclear test, and struggling commodity stocks to push markets into the red for the week.
Kames Capital warns of risks from ‘overbought’ EM debt as Fed turns hawkish
Kames strengthens its High Yield Team with further recruit
Closing the savings gap: a big ask for any industry
It is widely believed that there is a savings gap in the UK, with respected firms voicing concerns that the general population faces hardship in retirement by failing to make adequate savings provision.
To explore this issue, MRM gathered together a group of key experts from across the industry, who considered the role of the workplace in improving this state of affairs together with the industry’s ability to meet this growing crisis.
ECB reactions
It is not surprising that the ECB did not cut rates further due to the unclear risk/ reward of having more negative rates. However, the ECB has tasked committees to evaluate stimulus options, which is laying the groundwork for a December policy move if necessary.
‘Safe harbour’ for employers needed to close savings gap, say industry experts
Employers need a ‘safe harbour’ to promote pensions initiatives to their staff if the deficit in long-term savings amongst the UK public is to be reduced, according to a new report from financial services PR consultancy MRM.
Bankhall and PMS Mortgage Club join forces to launch compliance support service for mortgage and protection firms
Kames Capital: Yellen has the platform to raise rates this month, but does she feel lucky?
WisdomTree appoints Morgan Lee as Head of European Distribution
WisdomTree, the exchange-traded fund (“ETF”) and exchange-traded product (“ETP”) sponsor, has named Morgan Lee as its Head of Distribution for WisdomTree’s European operations.