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.
Growing old profitably: Five funds set to benefit from an ageing population
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.
How misreading geopolitics can hurt clients' portfolios
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.
Old Mutual Global Investors is to introduce a fixed ongoing charges figure (OCF) across its fund range next year, and will also implement a volume discount for its largest funds.
Schroders has beaten analysts' expectations to post an 18% growth in profits in the third quarter of the year.
Fund buyers have called for more transparency on passive fund costs not contained within the ongoing charges figure (OCF) - even as a price war cuts headline fees to record low levels.
Nick Train has been aggressively topping up his holding in Hargreaves Lansdown shares, arguing fears over margin pressures at the platform are unfounded.
Woodford Investment Management topped the sales chart in the third quarter, despite subdued inflows into funds across the board, according to the latest Pridham Report.