What’s happening
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.
2 mins with… Gregg McClymont, Head of Retirement Savings, Aberdeen Asset Management
Woodford-managed Omnis fund hits £100m in six months
PMS focuses on specialist lending in new series of mortgage events
One week of markets in one minute: FTSE climbs as US jobs miss curtails Fed rate rise talk
Markets surged on Friday after poor US jobs data dampened expectations that the US Federal Reserve will raise rates in the near term, with the FTSE 100 reaching a two-week high after climbing more than 2%.