Category
3 articles
Cash has felt like the prudent choice after years of market turbulence, but with rates normalising its apparent safety carries a real inflation-adjusted cost. UK savers and their advisers need to treat idle balances as an active allocation decision, not a neutral default.
The push to steer defined contribution schemes into private markets is gaining momentum, but the case rests on governance as much as returns. UK savers need transparency, liquidity management and fee discipline before private credit and infrastructure become default ingredients.
Quantitative tightening is no longer a background technicality. As the Bank of England continues to shrink its gilt portfolio, UK pension funds, credit investors and corporate treasurers must price the mechanics — not just the policy rate.