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The latest Investment Association figures, covering fund sales in the second quarter, reveal some interesting movements but also highlight the blunders mainstream investors make over and over again due to the herd instinct.
7IM has warned that closed-ended funds do not belong on best buy lists despite the recent suspension of the open-ended Woodford fund due to illiquidity.
Iress has revealed it will release the first of several planned updates to thousands of users this week aimed at making its fintech proposition, Xplan, “simpler to use and for users to have greater access to its rich functionality”.
Tracker fund sales reached an all-time record of £5.7bn in Q2 spurred by a shift by investors into bond funds.
Financial Planner launches LGBTQ-friendly advice service
Written by JamesAttitude Financial Services has launched a new advice proposition which aims to provide the LGBTQ community with financial advice.
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Savers withdrew £2.75bn flexibly using the pension freedoms in Q2 2019, up 21% compared to a year earlier, new figures have revealed.
The Bank of England has held the Bank Rate at 0.75% as it cut forecasts for UK growth over the next two years.
The Pensions Regulator has called for small pension schemes to quit the market after new research findings.
I’m annoyed about this! About it being all about us in the profession, apparently failing to address this crucial issue of the advice gap.