Net retail sales of funds of funds dropped off to just £82.5m in Q3 this year, down from £332.7m at the same point in 2007, according to IMA.
Retail sales were also down significantly from the £503.8m achieved in Q2. Total funds under management remained at a healthy £31.4bn, through this was down from the £33.3bn seen in the previous two quarters....
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As this year has proved
European markets down after Brexit news
Increases to the state pension age are set to save the government billions of pounds each year due to the fact almost 700,000 people will have to wait longer before benefitting, according to analysis undertaken by Aegon.