(Bloomberg) -- Investors are preparing for a flood of retail cash to hit the gilt market after the redemption of a UK bond that has become popular among wealthy Brits looking to lower their tax bill.
Once bank AT1 notes leave the retail bond market, investors will be left with six options and more needs to be done to offer retirees alternatives for income, a joint industry working group says.
(Bloomberg) -- Investors are preparing for a flood of retail cash to hit the gilt market after the redemption of a UK bond that has become popular among wealthy Brits looking to lower their tax bill.