Aegon is overhauling its funds for workplace pensions to offer equity-heavy multi-asset plans, in a move away from the industry standard of switching those nearing retirement into ‘safe-haven' cash and gilts.
UK All Companies funds saw their first inflows in six months in October, despite market volatility, according to the Investment Management Association.
UK equity managers are turning to insurers as a way to access the UK's financial sector while avoiding the troubled banks.
Miton Group has reopened its UK Multi-Cap Income fund to new investors after imposing an initial charge last year.
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Prudential has said a pick-up in bond sales helped negate a near 50% reduction in annuities new business in the first nine months of the year.
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L&G's asset allocation team predicts the most likely date for an interest rate rise will be May 2015, despite a clash with next year's general election.
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Neil Woodford has increased the number of unlisted stocks held within the £3.4bn Woodford Equity Income fund to ten after initiating four new investments last month.