MetLife has launched a flexible guaranteed drawdown product utilising funds from Fidelity Worldwide Investment and BlackRock.
IFA consolidator AFH Financial is set to purchase more than 160,000 shares from the firm's former chief investment officer, who recently left the business.
Equity fund sales hit a 15-year peak in July, according to the latest statistics from the Investment Association, ahead of a turbulent August which saw many investors retreating from markets.
For clients: A manifesto for investing in an emotional world
Equity manager Neil Woodford has told investors he had been anticipating the recent dramatic market volatility in China for more than a year.
Investors have to play the long game
Insurance giant Zurich has revived its attempt to acquire rival business RSA with a new proposed cash offer of 550p per share, valuing the company at about £5.6bn.
Shanghai index falls another 7.6%
Chancellor issues warning after nearly 5% FTSE drop