Marvell Enterprises Limited has been declared under investigation by the Financial Services Compensation Scheme (FSCS).

Sales of ISAs almost doubled in 2021 and SIPP sales were up by an impressive 15%, the latest retail investment data from the FCA has revealed.

Investors pumped in £553 million into funds in April after pulling out £3.5 billion in March, according to latest figures out today from the fund managers’ trade body the Investment Association. 

The average stocks and share ISA provided a return of 6.92% over the past 12 months - well down on the 13.55% seen in the previous 12 months.