INSIGHTS

Fixed Income can be the key to building resilient, goal-aligned portfolios amid uncertainty. We believe that a deliberate allocation is key to a balanced, well-diversified portfolio. From capital preservation, to income, and guarded growth, choosing the appropriate approach is essential to reaching desired outcomes.

In BNY’s 2026 outlook, investment and market leaders from across the company tackle the key questions that often surface in conversations with clients. Here are a few of them.

The UK Chancellor of the Exchequer, Rachel Reeves, delivered the Labour Party’s second Budget announcement on 26 November 2025.

BNY Investments Newton’s investment strategists Brian Blongastainer and Carolina Ortega explain why they expect to see a major acceleration in global infrastructure spending over the next decade, driven by new investment opportunities fuelled by the growth in artificial intelligence (AI).

Have you considered how you would like to spend your retirement, and how much it might cost? It’s a tricky question to answer, but Pensions UK in conjunction with Loughborough University has created the Retirement Living Standards1 framework to help you answer exactly that! When considering how much you will need, Pensions UK has categorised the cost of retirement into three possible standards of living – minimum, moderate and comfortable.

Downside risk, you may have heard of it but do you know what it is? We explain the what, who, why, when and where of downside risk and how it might impact your retirement planning. Find out more.

Facing retirement can be overwhelming for many. Despite the excitement of slowing down to enjoy a life free of work-related responsibilities – it also creates a lot of upheaval in a person’s life and routine. Amongst the many questions that arise – how can I begin to plan my finances in retirement? – is a common query. To answer this, it can be helpful to divide your retirement finances into four separate pots.

A benchmark is a point of reference used to measure something else. For example, if you planted two sunflowers side by side – you could use one as a benchmark to compare them as they grow.

Generation X, born between 1965 and 1980, is characterised by their independence and resilience. Having witnessed the shift from a manufacturing-based economy to a digital one, Gen Xers are adept at adapting to change. Steve shares his insights on balancing work and family life, the importance of financial planning, unexpected financial hiccups, and his vision for a fulfilling retirement.

Millennials, born between 1981 and 1996, are known for their tech-savvy nature and value-driven approach to life. Lola discusses how family influence her investment and retirement plans, the misconceptions around her generation and her aspirations for retirement.

Generation Z, born between 1997 and 2012, is the most digitally connected and socially conscious generation. Tito covers the financial and social pressures faced by his peers, his attitude to money and the role it plays in his life. He also discusses how in today's digital age, social media platforms have become powerful tools for influencing his generations investment decisions.

In this final episode, all interviewees come together for a roundtable discussion, joined by Richard Parkin, Head of Retirement at BNY Investments and moderated by Dr. Eliza Filby. This engaging conversation explores the similarities and differences in savings and retirement planning across generations, offering a comprehensive view of the future of retirement.