Baring Asset Management has rebranded its multi-asset Portfolio fund as the more flexible Dynamic Capital Growth fund in a bid to make it more attractive to pension savers.
Legal & General (L&G) has reported record bulk annuity numbers which it said had "more than offset" a 61% drop in sales of traditional annuity policies since the Budget reforms were announced.
Demand for annuities climbed 10.5% in September despite tumbling rates, analysis from IRESS has found.
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The Financial Conduct Authority (FCA) has warned of a scheme encouraging pension savers to transfer money from their work pension schemes into self-invested personal pensions (SIPPs) to be invested into an AIM listed company.
New business at wealth manager St James's Place (SJP) was up 18% in the third quarter of the year to £212m as clients took advantage of increased ISA limits, interim results show.