Improving consumer understanding of financial services should be done through a dedicated "Financial Education Agency" funded by a levy on the industry and through lottery funding, argues the Association of Investment Trust Companies.
Half of all parents believe launch of the Child Trust Fund makes no difference to whether they save more for their children's future, suggests a survey by the Association of Investment Trust Companies.
Rules governing investment trusts are under scrutiny in the Treasury consultation launched today, which seeks feedback on whether the sector should, as recommended by the Treasury Select Committee, fall under the same regulatory umbrella as other investment...
Putting its pitch in ahead of the Pre-Budget Report, the Association of Investment Trust Companies is urging changes to rules it says discriminate against investment trust bond income to the advantage of unit trust products.
Research into awareness of the pending Child Trust Fund, which launches next April, has found most parents and grandparents are unaware of the new savings vehicle, the Association of Investment Trusts says.
Figures published by the Association of Investment Trust Companies show a large number of them incur total expense ratios (TERs) well below the government's proposed 1%, and subsequent 1.5% charge caps on long-term savings products.
Rejecting calls for a new appeals process the Association of Investment Trust Companies (AITC) says it would still like to see the Financial Ombudsman Service extend its powers to the investment trusts sector.
A new online service explaining what net asset values are and how and why the Association of Investment Trust Companies changed its method of calculating NAVs is now available for IFAs.
Drip-feeding money into collective investments over time is less risky than lump-sum investing suggest new figures published by the Association of Investment Trust Companies.
Students starting university later this year expect to pay a total of £26,000 to cover their course and living expenses for three years, suggests NatWest research.