Interest rates stay at 5% as ‘dark clouds gather once again’ over the UK
The Bank of England held interest rates after an uptick in inflation in August
Multi-asset class takes the crown in drawdown market boom
While the number of retirees opting for drawdown has more than trebled since the introduction of the pension freedoms, retiring investors are choosing funds with long-term investment targets to meet near-term income needs, research from Dutch insurer and pension provider Aegon shows.
