The Investment Association, the fund managers’ trade body, has urged the Government to include online investment scams in its new Online Harms Bill.

UK investors prioritised diversification as global equity and global bonds became the two top best-selling sectors in October 2020, according to the latest figures from the Investment Association.

Responsible investment funds saw net retail sales of £7.1bn for the year-to-date, up from £1.9bn for the first three quarters of 2019.

Total investments managed in the UK grew by 10% during 2019 and were near to pre-pandemic levels by the summer, according to new data from the fund managers’ body the Investment Association.