Two of the UK’s biggest investment trust providers, Alliance Trust and Witan, plan to merge to create a £5bn AUM business.

Women investors are more likely than men to hold their nerve during financial turmoil but are less likely than men to invest overall, according to a new study.

Over half of Britons (56%) see investing as “too much of a gamble” for them right now, according to new research.

Prudential’s platform and proposition consultant Allison Fower has joined Alliance Trust Savings as its new chief operating officer.