Pensionbee seeks to break into largest defined contribution pension market with US launch Pensions The US defined contribution market represents around 80 per cent of the global total and is worth $22.5trn in assets.
Traders short sterling as bets on Bank of England rate cuts grow UK economy Currency traders have been building up short positions on the pound in the hope that the the the Bank of England (BoE) will cut the base rate before the US's Federal Reserve (Fed).