Funds managed by Investment Association (IA) members reached a milestone figure of £10 trillion for the first time in 2021.
Read more ...Active funds rebound as IA investments top £10 trillion
- Thursday, 29 September 2022
- Articles
Pension Triple Lock may be under threat
- Thursday, 29 September 2022
- Articles
Chris Philp, Chief Secretary to the Treasury, has refused to confirm that the State Pension will be uprated in April in line with inflation.
Read more ...M&G hires new CEO on package potentially worth £5m+
- Thursday, 29 September 2022
- Articles
Investment and wealth manager M&G has hired ex-AXA IM CEO Andrea Rossi to be its next chief executive on a package potentially worth over £5m a year.
Read more ...Bank of England steps in to stabilise markets
- Wednesday, 28 September 2022
- Articles
The Bank of England made a surprise intervention today when it stepped in to stabilise market liquidity by increasing its government bond purchase to a potentially unlimited amount.
Read more ...Hard-pressed pension savers withdraw 23% more cash in Q2
- Wednesday, 28 September 2022
- Articles
Private pension savers withdrew £3.57bn in the second quarter of this year, a 23% increase year-on-year.
Read more ...73% of HNW clients paying ‘right’ amount of tax
- Wednesday, 28 September 2022
- Articles
More than seven out of 10 High Net Worth individuals (73%) in the UK say they pay the 'right amount' of tax.
Read more ...Two thirds of savers cutting back
- Wednesday, 28 September 2022
- Articles
Two in three (64%) households that currently save have either already decreased or stopped their savings habit altogether, or expect to have to do so, due to increased living costs.
Read more ...Just gives staff £1,200 cost of living payment
- Wednesday, 28 September 2022
- Articles
Retirement specialist Just Group is to give all staff earning under £50,000 a year a one-off payment of £1,200 to help them cope with soaring inflation and energy bills.
Read more ...FCA webinars to help advisers prepare for Consumer Duty
- Wednesday, 28 September 2022
- Articles
The Financial Conduct Authority is to host a series of webinars to help advisers firms prepare for the new FCA Consumer Duty.
Read more ...FCA may soften advice/guidance boundary
- Tuesday, 27 September 2022
- Articles
The FCA is to launch a regulatory review which could see the boundary between advice and guidance softened.
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